T
o earn $100 a month from SL Green Realty Corp. (NYSE:SLG) dividends, you'd need to invest approximately $28,916 or about 400 shares at $72.21 each. This calculation is based on the company's current dividend yield of 4.15%. To determine this figure, divide your desired annual income ($1,200) by the dividend yield (0.0415). The resulting investment amount would generate a monthly income of $100.

    SL Green Realty's dividend yield can fluctuate as stock prices and dividend payments change over time. For example, if a stock pays $2 in annual dividends and is priced at $50, its dividend yield is 4% ($2/$50). If the price rises to $60, the yield drops to 3.33% ($2/$60), while a drop to $40 increases it to 5% ($2/$40).

    The company's Q3 2024 earnings are expected on October 16, with analysts predicting an EPS of $1.24 and quarterly revenue of $135.76 million. SL Green Realty's stock price has ranged from $28.55 to $73.80 over the past year, and its dividend yield is currently 4.15%.