Safehold Announces Tax Treatment of 2021 Dividends

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2021 common stock dividends. Key details include:

• Record Dates: 1/4/21, 3/31/21, 6/30/21, 9/30/21
• Payment Dates: 1/15/21, 4/15/21, 7/15/21, 10/15/21
• Dividend Distribution: $0.16224 for the first two quarters and $0.17 for the last two quarters, with total ordinary income reported as $0 for all distributions.

This information serves as guidance for shareholders on tax implications for the dividends received in 2021.

Positive

• Consistent dividend distribution across four quarters in 2021.
• Established tax treatment details aiding shareholders in tax planning.

Negative

• Reported ordinary income of $0 for all dividend distributions.

NEW YORK, Jan. 13, 2022 /PRNewswire/ -- 
Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2021 common stock dividends.

NYSE: SAFE
CUSIP: 78649D-104

Record Date	Payment Date	Distribution per Share	Ordinary Income	Return of Capital (Non-Dividend Distribution)
1/4/21	1/15/21	$0.1622400	$0.0000000	$0.1622400
3/31/21	4/15/21	$0.1622400	$0.0000000	$0.1622400
6/30/21	7/15/21	$0.1700000	$0.0000000	$0.1700000
9/30/21	10/15/21	$0.1700000	$0.0000000	$0.1700000

About Safehold:

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. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality and mixed-use properties 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.

Company Contact: 

Jason Fooks
Senior Vice President
Investor Relations & Marketing
T: 212.930.9400
E: investors@safeholdinc.com

View original content:https://www.prnewswire.com/news-releases/safehold-announces-tax-treatment-of-2021-dividends-301460710.html

SOURCE Safehold

FAQ

What is the dividend amount for Safehold in 2021?

Safehold distributed $0.16224 for the first two quarters and $0.17 for the last two quarters in 2021.

When are the payment dates for Safehold's 2021 dividends?

The payment dates are 1/15/21, 4/15/21, 7/15/21, and 10/15/21.

What is the tax treatment for Safehold's dividends in 2021?

Safehold's dividends for 2021 consist of ordinary income of $0 and a return of capital equal to the distribution amount.

How often does Safehold pay dividends?

Safehold pays dividends quarterly.