Safehold Declares First Quarter 2022 Common Stock Dividend

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has announced a common stock dividend of $0.17 per share for Q1 2022, marking an annualized rate of $0.68 per share. The dividend is payable on April 15, 2022 to shareholders on record as of March 31, 2022. This decision reflects the company's commitment to delivering safe and growing income to its shareholders while contributing to long-term capital appreciation. Safehold, a real estate investment trust (REIT), focuses on unlocking land value beneath buildings to provide higher returns with reduced risk.

Positive

• Declared a quarterly dividend of $0.17 per share, indicating a strong cash position.
• Annualized dividend rate of $0.68 per share showcases commitment to shareholder returns.
• Focus on real estate ownership innovation positions Safehold for potential growth.

Negative

• None.

NEW YORK, March 21, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.17 per share for the first quarter of 2022. The dividend represents an annualized rate of $0.68 per share and is payable on April 15, 2022 to holders of record on March 31, 2022.

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, student housing, life science 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

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SOURCE Safehold

FAQ

What is the declared dividend amount for Safehold in Q1 2022?

Safehold declared a dividend of $0.17 per share for Q1 2022.

When will Safehold's Q1 2022 dividend be paid?

The dividend will be paid on April 15, 2022.

What is the record date for Safehold's Q1 2022 dividend?

The record date for the dividend is March 31, 2022.

What is Safehold's annualized dividend rate for 2022?

Safehold's annualized dividend rate for 2022 is $0.68 per share.