Here's How You Can Earn $100 In Passive Income By Investing In SL Green Realty Stock

SL Green Realty Corp. SLG is a real estate investment trust focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties.

The 52-week range of SL Green Realty stock price was $45.15 to $82.81.

SL Green Realty's dividend yield is 4.69%. It paid $3.09 per share in dividends during the last 12 months.

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The Latest On SL Green Realty

On April 16, the company announced its Q1 2025 earnings, posting FFO of $1.40, in line with expectations, while revenues of $144.52 million came in below the consensus of $154.69 million, as reported by Benzinga.

During the quarter, the company signed 45 office leases in its Manhattan office portfolio totaling 602,105 square feet.

Check out this article by Benzinga for eight analysts' insights on SL Green Realty.

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How Can You Earn $100 Per Month As A SL Green Realty Investor?

If you want to make $100 per month — $1,200 annually — from SL Green Realty dividends, your investment value needs to be approximately $25,586, which is around 388 shares at $65.94 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (4.69% in this case). So, $1,200 / 0.0469 = $25,586 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find SL Green Realty stock an attractive option for making a steady income of $100 per month by owning 388 shares of stock. 

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