SL Green Realty (SLG) said in a Friday regulatory filing that it is changing its dividend policy to quarterly declarations from monthly schedule, starting fiscal 2026.
The company expects funds from operations of $4.40 to $4.70 for the year ended Dec. 31, 2026.
Analysts polled by FactSet expect $5.19.
Shares of SL Green Realty fell over 7% in recent Friday trading.
Price: 40.71, Change: -2.98, Percent Change: -6.82