“3 Big Dividend Stocks Yielding Over 5%; Truist Says ‘Buy’”
August 31, 2020
“SL Green Realty Corporation (SLG)
The first dividend pick from Truist is New York City’s largest commercial landlord. SL Green Realty is a real estate investment trust (REIT)… Judging by the earnings data…The company saw an EPS spike in Q1, while Q2’s results fell back to historical levels. The second quarter saw earnings per share of 74 cents, and funds from operations per share of $1.70…
…Management cut the payment from 89 cents per share to 29.5 cents share, with the lower dividend taking effect in March. Since then, the company has maintained its monthly payment at the lower level. The 29.5 cent dividend gives an annualized payment of $3.54, and a high yield of 7.5%.”
https://finance.yahoo.com/news/3-big-dividend-stocks-yielding-143516445.html
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