iStar Declares Quarterly Common and Preferred Stock Dividends
February 20 2020 - 4:30PM
PR Newswire (US)
NEW YORK, Feb. 20, 2020 /PRNewswire/ -- iStar Inc. (NYSE:
STAR) announced today that the Company's Board of Directors has
declared quarterly dividends on the Company's Common Stock and
Preferred Stock for the first quarter of 2020. The dividends are
all payable on March 16, 2020 to
holders of record on March 2,
2020.
Series of
Stock
|
Liquidation
Preference
|
Dividend
Per Share
|
Common Stock
(STAR)
|
N/A
|
$0.10
|
8.00% Series D
Preferred Stock
|
$25.00
|
$0.50
|
7.65% Series G
Preferred Stock
|
$25.00
|
$0.478125
|
7.50% Series I
Preferred Stock
|
$25.00
|
$0.46875
|
*
* *
iStar Inc. (NYSE: STAR) is focused on reinventing the ground
lease sector, unlocking value for real estate owners throughout the
country by providing modern, more efficient ground leases on all
types of properties. As the founder, investment manager and largest
shareholder of Safehold Inc. (NYSE: SAFE), the first publicly
traded company to focus on modern ground leases, iStar is helping
create a logical new approach to the way real estate is owned and
continues to use its historic strengths in finance and net lease to
expand this unique platform. Recognized as a consistent innovator
in the real estate markets, iStar specializes in identifying and
scaling newly discovered opportunities and has completed more
than $40 billion of transactions over the past two
decades. Additional information on iStar is available on its
website at www.istar.com.
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SOURCE iStar Inc.
Copyright 2020 PR Newswire
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