iStar Declares Quarterly Preferred Stock Dividends
May 16 2019 - 4:30PM
PR Newswire (US)
NEW YORK, May 16, 2019 /PRNewswire/ -- iStar (NYSE: STAR)
announced today that the Company's Board of Directors has declared
quarterly dividends on the Company's Preferred Stock for the second
quarter of 2019. Dividends for all four series of Preferred Stock
are payable on June 17, 2019 to
holders of record on June 3,
2019.
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
|
4.50% Series J
Preferred Stock
|
$50.00
|
$0.5625
|
* * *
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
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