Safehold Declares Third Quarter 2021 Common Stock Dividend

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has announced a common stock dividend of $0.17 per share for Q3 2021, marking an annualized rate of $0.68 per share. The dividend is payable on October 15, 2021 to shareholders of record on September 30, 2021. This initiative reflects Safehold's commitment to delivering consistent returns and enhancing shareholder value, as the company continues to innovate within the real estate sector by optimizing ground lease structures.

Positive

• Declaration of a quarterly dividend of $0.17 per share, enhancing shareholder returns.
• Annualized dividend rate of $0.68 per share signals company confidence in its future cash flows.

Negative

• None.

NEW YORK, Sept. 15, 2021 /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 third quarter of 2021. The dividend represents an annualized rate of $0.68 per share and is payable on October 15, 2021 to holders of record on September 30, 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. 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-declares-third-quarter-2021-common-stock-dividend-301370981.html

SOURCE Safehold Inc.

FAQ

What is the dividend amount for Safehold Inc. for Q3 2021?

The dividend amount for Safehold Inc. for Q3 2021 is $0.17 per share.

When is the Safehold Inc. Q3 2021 dividend payable?

The Safehold Inc. Q3 2021 dividend is payable on October 15, 2021.

What is the annualized dividend rate for Safehold Inc. for 2021?

The annualized dividend rate for Safehold Inc. for 2021 is $0.68 per share.

Who is eligible for the Safehold Inc. dividend?

Shareholders of record on September 30, 2021, are eligible for the Safehold Inc. dividend.