5 Best February Dividend Stocks To Buy

4. SL Green Realty Corp. (NYSE:SLG)

Number of Hedge Fund Holders: 23

SL Green Realty Corp. (NYSE:SLG) is a New York-based real estate investment trust company that invests in office buildings and other entertainment properties. In Q4 2022, the company reported revenue of $224.8 million, which showed a 15.6% growth from the same period last year. At the end of December 31, the company had over $203.2 million in cash and cash equivalents and its total assets amounted to over $12.3 billion.

SL Green Realty Corp. (NYSE:SLG) currently pays a monthly dividend of $0.2708 per share and has a dividend yield of 8.32%, as of January 30.

Baird raised its price target on SL Green Realty Corp. (NYSE:SLG) in January to $43 with a Neutral rating on the shares.

SL Green Realty Corp. (NYSE:SLG) saw growth in hedge fund positions in Q3 2022, as 23 funds tracked by Insider Monkey owned stakes in the company, up from 18 in the previous quarter. These stakes have a total value of nearly $184 million. With 1.3 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q3.