Safehold Declares First Quarter 2019 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--Mar 15, 2019--Safehold Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the first quarter of 2019. The dividend represents an annualized rate of $0.60 per share and is payable on April 15, 2019 to holders of record on March 29, 2019.
Safehold Inc. (NYSE:SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190315005549/en/
CONTACT: Investor Relations:
Senior Vice President
Investor Relations & Marketing
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Safehold Inc.
Copyright Business Wire 2019.
PUB: 03/15/2019 04:29 PM/DISC: 03/15/2019 04:29 PM