iStar Declares Quarterly Preferred Stock Dividends
February 17 2023 - 6:15AM
PR Newswire (US)
NEW
YORK, Feb. 17, 2023 /PRNewswire/ -- iStar
Inc. (NYSE: STAR) announced today that the Company's Board of
Directors has declared quarterly dividends on the Company's
Preferred Stock for the first quarter of 2023. The dividends are
all payable on March 15, 2023 to
holders of record on March 1,
2023.
Series of
Stock
|
Liquidation
Preference
|
Dividend
Per Share
|
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
institutional quality properties. As the founder, investment
manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the
creator of the modern ground lease industry, iStar is using its
national investment platform and its historic strengths in finance
and net lease to expand the use of modern ground leases within the
$7 trillion institutional commercial
real estate market. 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.
Company Contact:
Pearse Hoffmann
Senior
Vice President
Capital Markets & Investor Relations
T 212.930.9400
E investors@istar.com
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SOURCE iStar Inc.
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