Safehold Declares Fourth Quarter 2020 Common Stock Dividend

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) announced a common stock dividend of $0.16224 per share for Q4 2020, representing an annualized rate of $0.64896. This dividend is payable on January 15, 2021 to shareholders on record as of January 4, 2021. Safehold continues to innovate real estate ownership through its ground lease capital solution, enabling property owners in major U.S. markets to achieve higher returns with reduced risk. The company operates as a REIT, targeting safe, growing income and long-term capital appreciation for its shareholders.

Positive

• Declaration of a quarterly dividend of $0.16224 per share, indicating commitment to returning value to shareholders.
• Annualized dividend yield of $0.64896 per share suggests sustainable income generation potential.

Negative

• None.

Safehold Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.16224 per share for the fourth quarter of 2020. The dividend represents an annualized rate of $0.64896 per share and is payable on January 15, 2021 to holders of record on January 4, 2021.

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. 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/20201218005584/en/

FAQ

What is the dividend amount declared by Safehold for Q4 2020?

Safehold declared a quarterly dividend of $0.16224 per share for Q4 2020.

When will Safehold's dividend be paid?

The dividend will be payable on January 15, 2021.

What is the record date for Safehold's dividend?

The record date for the dividend is January 4, 2021.

What is the annualized dividend rate for Safehold?

The annualized dividend rate for Safehold is $0.64896 per share.

How does Safehold's business model benefit shareholders?

Safehold's ground lease capital solution enables property owners to achieve higher returns with less risk, leading to sustainable income for shareholders.