Printer Friendly
The Free Library
14,529,525 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

SL Green dividend hike.


SL Green Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp. reported that its Board of Directors has declared a dividend of $0.60 per common share for the quarter ending December 31, 2005, an increase of $0.06 or 11.1% per common share.

The Board of Directors also declared dividends declared dividend

A dividend authorized by a firm's board of directors. At the time a dividend is declared, the firm creates a liability for the dividend's payment.
 on the Company's Series C and D Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
 for the period October 15, 2005 through and including January 14, 2006, of $0.4766 and $0.4922 per share, respectively. Dividends are payable January 16, 2006 to shareholders of record at the close of business on December 30, 2005. Distributions reflect the regular quarterly dividends, which are the equivalent of an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 distribution of $1.9064 and $1.9688, respectively.
COPYRIGHT 2005 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Dec 7, 2005
Words:115
Previous Article:$10M loan approved.(FINANCE)
Next Article:Kalmon Dolgin TIC inks $12M defeasance.(FINANCE)(Brief Article)
Topics:



Related Articles
SL Green loins with Prudential to invest $250M.
Specialists aiming to raise $200M in IPO.(Finance: real estate)
$625m recap inked for Green's $1b tower.(FINANCE)(recapitalization)(SL Green Realty Corp.)
SL Green to partner with hotelier at One Madison Ave.
SL Green and CIF announce $390M recap at 485 Lex.(FINANCE)
SL Green Realty offloads two properties, buys into three.
Reckson's cash dividend.
SL Green loan affiliate designated Special Servicer.(FINANCE)
Reckson shareholders may delay sale.
SL Green ramps up portfolio with series of midtown deals.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles