5 Monthly Dividend Stocks to Buy in December

4. SL Green Realty Corp (NYSE:SLG)

Number of Hedge Fund Holders: 17

Dividend Yield: 5.24%

SL Green Realty Corp (NYSE:SLG) is an S&P 500 real estate investment trust. The company is Manhattan’s largest office landlord and acquires Manhattan commercial properties. It has raised its dividend for 10 years.

In September, BofA upgraded shares of SL Green Realty Corp (NYSE:SLG) from Underperform to Neutral.

In the third quarter, SL Green Realty Corp (NYSE:SLG) had an FFO of $1.78, beating estimates by $0.20. The company’s revenue was $155.36 million. SL Green Realty Corp (NYSE:SLG) has also gained 24% year to date.

According to our data, 17 hedge funds held stakes in SL Green Realty Corp (NYSE:SLG) in the third quarter, worth $170 million. In comparison, 21 hedge funds held stakes in the company in the second quarter, worth $144 million.