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Showing posts from December, 2022

Douglas Emmett announces 32% dividend cut

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Douglas Emmett stock is yielding 4.8% despite the dividend cut (image: company investor presentation) On December 9, 2022, US real estate investment trust Douglas Emmett (trading symbol DEI) announced a new quarterly dividend of $0.19 per share, down 32.1% from the previous quarterly payment of $0.28 per share.

Monthly dividend payer SL Green Realty cuts dividend by 12.9%

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On December 5, 2022, SL Green Realty Corp (trading symbol SLG) declared a monthly dividend of $0.2708 per share. This is 12.9% dividend cut from the previous monthly payment of $0.3108 per share. The dividend yield for SLG is 9.1% at a stock price of $34.76.