SL Green has higher results in 4Q, boosts dividend

NEW YORK, Jan 29 (Reuters) - SL Green Realty Corp. (SLG.N) posted fourth-quarter results on Monday that were 15.7 percent higher than the year earlier as office rents increased.

The real estate investment trust said funds from operations in the latest quarter were $1.18 a share compared with $1.02 for the year-earlier period.

Net income available to shareholders was 62 cents a share. SL Green also increased its quarterly dividend by 16.7 percent to 70 cents a share.