iStar Declares Quarterly Common Dividend and Preferred Stock Dividends
November 16 2020 - 7:30AM
PR Newswire (US)
NEW YORK, Nov. 16, 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 fourth quarter of 2020. The dividends are
all payable on December 15, 2020 to
holders of record on December 1,
2020.
Series of
Stock
|
Liquidation
Preference
|
Dividend
Per Share
|
Common Stock
(STAR)
|
N/A
|
$0.11
|
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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