SL Green cuts dividend 12.9% to $3.25/year; guides 2023 FFO $5.30-$5.60, net loss ($1.27)-($0.97)

SL GREEN REALTY CORP

Annual ordinary dividend reduced 12.9% to $3.25 per share; first monthly dividend $0.2708 payable Jan 17, 2023, record Dec 30, 2022.
2023 guidance: FFO per share $5.30-$5.60; net loss per share ($1.27)-($0.97).
Affirms 2022 FFO guidance $6.70-$7.00 per share.
CFO cites aligning dividend with 2023 FAD projection; targets nearly $1.6B liquidity and ~$2.4B debt reduction in 2023.

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