Safehold Increases Quarterly Stock Dividend by 4.12%

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has declared a common stock dividend of $0.177 per share for Q2 2022, marking an annualized rate of $0.708. This dividend will be paid on July 15, 2022, to shareholders on record as of June 30, 2022. Safehold, a leader in modern ground leases, aims to enhance the value of real estate ownership while providing stable income and long-term capital appreciation for investors. The company operates as a real estate investment trust (REIT) and is managed by iStar Inc.

Positive

• Dividend of $0.177 per share is a positive indicator for shareholders.
• Annualized dividend rate increased to $0.708 per share, showing company confidence in financial stability.

Negative

• None.

NEW YORK, June 15, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the second quarter of 2022. The dividend represents an annualized rate of $0.708 per share and is payable on July 15, 2022 to holders of record on June 30, 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 Safehold's dividend for Q2 2022?

Safehold has declared a dividend of $0.177 per share for Q2 2022.

When is the dividend payment date for Safehold?

The dividend will be paid on July 15, 2022.

What is the annualized dividend rate for Safehold?

The annualized dividend rate for Safehold is $0.708 per share.

Who is eligible to receive the Safehold dividend?

Shareholders on record as of June 30, 2022, will be eligible to receive the dividend.