iStar Declares Quarterly Common and Preferred Stock Dividends
February 21 2019 - 5:00PM
PR Newswire (US)
NEW YORK, Feb. 21, 2019 /PRNewswire/ -- iStar (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 2019. For the Common Stock
and all four series of Preferred Stock, dividends are payable on
March 15, 2019 to holders of record
on March 4, 2019.
Series of
Stock
|
Liquidation
Preference
|
Dividend
Per Share
|
Common Stock
(STAR)
|
N/A
|
$0.09
|
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
|
4.50% Series J
Preferred Stock
|
$50.00
|
$0.5625
|
* * *
iStar (NYSE: STAR) finances, invests in and develops real estate
and real estate related projects as part of its fully-integrated
investment platform. Building on over two decades of experience and
over $40 billion of transactions,
iStar brings uncommon capabilities and new ways of thinking to
commercial real estate and adapts its investment strategy to
changing market conditions. The Company is structured as a real
estate investment trust ("REIT"), with a diversified portfolio
focused on larger assets located in major metropolitan markets.
Additional information on iStar is available on its website at
www.istar.com.
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SOURCE iStar
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