SL Green Realty Corp. ( NYSE:SLG – Get Rating ) announced a monthly dividend on Friday, June 16th, Zacks reports. Shareholders of record on Friday, June 30th will be given a dividend of 0.271 per share by the real estate investment trust on Monday, July 17th. This represents a $3.25 annualized dividend and a yield of 12.23%. The ex-dividend date is Thursday, June 29th. SL Green Realty has increased its dividend by an average of 0.4% per year over the last three years. SL Green Realty has a payout ratio of -191.

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