iStar Increases Quarterly Common Stock Dividend by 11%
May 06 2019 - 4:30PM
PR Newswire (US)
NEW YORK, May 6, 2019 /PRNewswire/ -- iStar Inc. (NYSE:
STAR) announced that the Company's Board of Directors has declared
common stock dividends of $0.10 per
share for the second quarter of 2019, an increase of 11%. The
dividend represents an annualized rate of $0.40 per share and is payable on May 31, 2019 to holders of record on May 15, 2019.
*
* *
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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/istar-increases-quarterly-common-stock-dividend-by-11-300844434.html
SOURCE iStar
Copyright 2019 PR Newswire
iStar (NYSE:STAR)
Historical Stock Chart
From Aug 2024 to Sep 2024
iStar (NYSE:STAR)
Historical Stock Chart
From Sep 2023 to Sep 2024