Safehold Declares First Quarter 2021 Common Stock Dividend
Safehold Inc. (NYSE: SAFE) has announced a common stock dividend of $0.16224 per share for the first quarter of 2021, translating to an annualized rate of $0.64896 per share. The dividend is set to be paid on April 15, 2021, to shareholders on record as of March 31, 2021. Safehold is pioneering a new approach to real estate ownership, focusing on ground leases to enhance returns while reducing risk. As a REIT, the company aims to deliver stable income and long-term capital growth to its investors.
- Declaration of a quarterly dividend of $0.16224 per share.
- Annualized dividend rate of $0.64896 signals stable income for shareholders.
- Focus on innovative ground lease model may yield higher returns.
- None.
Safehold Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of
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.
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