U.S. Markets closed

iStar Declares Quarterly Common and Preferred Stock Dividends

NEW YORK, Feb. 21, 2019 /PRNewswire/ -- iStar (STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock for the first quarter of 2019. For the Common Stock and all four series of Preferred Stock, dividends are payable on March 15, 2019 to holders of record on March 4, 2019. 

Series of Stock

Liquidation
Preference

Dividend
Per Share

Common Stock (STAR)

N/A

$0.09

8.00% Series D Preferred Stock

$25.00

$0.50

7.65% Series G Preferred Stock

$25.00

$0.478125

7.50% Series I Preferred Stock

$25.00

$0.46875

4.50% Series J Preferred Stock

$50.00

$0.5625


*     *     *

iStar (STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and over $40 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets. Additional information on iStar is available on its website at www.istar.com.

 

iStar logo. (PRNewsFoto/iStar Financial Inc.) (PRNewsfoto/iStar)


 

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/istar-declares-quarterly-common-and-preferred-stock-dividends-300798184.html