iStar Declares Preferred Stock Dividends
November 15 2018 - 8:30AM
PR Newswire (US)
NEW YORK, Nov. 15, 2018 /PRNewswire/ -- iStar (NYSE: STAR)
announced today that the Company's Board of Directors has declared
quarterly dividends on the Company's outstanding shares of
Preferred Stock. For all four series of Preferred Stock, dividends
are payable on December 17, 2018 to
holders of record on December 3,
2018.
Series of Preferred
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 (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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