Safehold Increases Quarterly Common Stock Dividend by 4%
June 15 2020 - 7:30AM
Business Wire
Safehold Inc. (NYSE: SAFE) announced today that the Company’s
Board of Directors has declared common stock dividends of $0.16224
per share for the second quarter of 2020, an increase of 4%. The
dividend represents an annualized rate of $0.64896 per share and is
payable on July 15, 2020 to holders of record on June 30, 2020.
About Safehold:
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate
ownership by providing a new and better way for owners to unlock
the value of the land beneath their buildings. Through its modern
ground lease capital solution, Safehold helps owners of high
quality multifamily, office, industrial, hospitality and mixed-use
properties in major markets throughout the United States generate
higher returns with less risk. The Company, which is taxed as a
real estate investment trust (REIT) and is managed by its largest
shareholder, iStar Inc., seeks to deliver safe, growing income and
long-term capital appreciation to its shareholders. Additional
information on Safehold is available on its website at
www.safeholdinc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200615005163/en/
Company Contact: Jason Fooks Senior Vice President
Investor Relations & Marketing T: 212.930.9400 E:
investors@safeholdinc.com
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