NEW YORK, June 26 /PRNewswire/ -- SL Green Realty Corp. (NYSE: SLG) today
reported that its Board of Directors has declared a dividend distribution of
$0.35 per common share for the quarter ended June 30, 1998. The dividend is
payable July 15, 1998 to shareholders of record on the close of business on
June 30, 1998.
This distribution reflects the regular quarterly dividend and represents
an annualized distribution of $1.40 per share.
The Company's Board of Directors has also declared a dividend for the
partial period May 18, 1998 to June 30, 1998 of $0.2444 per newly issued share
of Series A Preferred Stock. This dividend is payable July 15, 1998 to
shareholders of record on June 30, 1998.
SL Green Realty is a fully integrated, self-administered and self-managed
real estate investment trust ("REIT") which primarily owns, manages, leases,
acquires and repositions Class B office properties in Manhattan.
SOURCE SL Green Realty Corp.
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CONTACT:
Stephen L. Green, Chief Executive Officer, or
David Nettina, Chief Financial Officer, 212-594-2700, both of SL
Green Realty Corp.; or General, Paula Schwartz or Mike Lawson,
212-661-8030, or Analyst, Pamela King, 212-661-8030, or Media,
Alicia Nieva-Woodgate, 212-661-8030, all of The Financial
Relations Board
NOTE TO EDITORS: To receive SLG's latest news release and other
corporate documents via FAX -- no cost -- dial 1-800-PRO-INFO.
Use company's ticker, SLG.
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