Safehold Increases Quarterly Stock Dividend by 4.8%

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has declared a common stock dividend of $0.17 per share for Q2 2021, with an annualized rate of $0.68 per share. The dividend will be payable on July 15, 2021 to shareholders on record as of June 30, 2021. This dividend reflects the company's commitment to generating safe and growing income for its shareholders while positioning itself as a leader in the modern ground lease industry. Safehold provides innovative real estate ownership solutions, aiming to enhance returns and reduce risks for property owners.

Positive

• Declared dividend of $0.17 per share, reflecting strong income generation for shareholders.
• Annualized dividend rate of $0.68 per share demonstrates financial stability.
• Positioning as a leader in the modern ground lease industry may enhance long-term capital appreciation.

Negative

• None.

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 second quarter of 2021. The dividend represents an annualized rate of $0.68 per share and is payable on July 15, 2021 to holders of record on June 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005066/en/

FAQ

What is the dividend amount declared by Safehold for Q2 2021?

Safehold declared a dividend of $0.17 per share for Q2 2021.

When will Safehold pay the dividend?

The dividend will be payable on July 15, 2021.

What is the record date for the Safehold dividend?

The record date for the dividend is June 30, 2021.

What is the annualized dividend rate for Safehold?

The annualized dividend rate is $0.68 per share.

How does Safehold generate income for shareholders?

Safehold generates income by providing innovative real estate ownership solutions through modern ground leases.