SL Green Realty Declares 78.75 Cent Dividend

Jun 20, 2008 (financialwire.net via COMTEX) -- SLG | Quote | Chart | News | PowerRating -- June 19, 2008 (FinancialWire) SL Green Realty Corp.'s (NYSE: SLG | Quote | Chart | News | PowerRating) (Current Market Cap: US$5.12 Bil.) board has declared a dividend of $0.7875 per common share for the quarter ending June 30. The dividend is payable on July 15 to shareholders of record at the close of business on June 30.

New York-based SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties.

As of March 31, the company owned 31 New York city office properties totaling around 24,389,200 square feet. In addition, SL Green holds investment interests in, among other things, nine retail properties encompassing around 400,212 square feet, one development property encompassing around 85,000 square feet and two land interests, along with ownership interests in 36 suburban assets totaling 7,867,500 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.

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