iStar Declares Quarterly Preferred Stock Dividends

NEW YORK, May 16, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the second quarter of 2019. Dividends for all four series of Preferred Stock are payable on June 17, 2019 to holders of record on June 3, 2019. 

*          *          *

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned, and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades. Additional information on iStar is available on its website at www.istar.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/istar-declares-quarterly-preferred-stock-dividends-300851986.html

SOURCE iStar