Safehold Inc - SAFE STOCK NEWS

iStar Inc. (NYSE: STAR) announced a quarterly dividend for Q1 2021, declaring $0.11 per share for common stock and $0.50, $0.478125, and $0.46875 for its preferred shares, payable on March 15, 2021, to shareholders of record as of March 1, 2021. iStar focuses on modernizing ground leases, unlocking value for real estate owners. It is also the largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company specifically targeting modern ground leases.

Safehold Inc. (NYSE: SAFE) reported strong financial performance for Q4 2020 and the fiscal year, showcasing a 15% EPS increase to $0.29 in Q4 and a 31% increase for FY 2020 at $1.17. The company closed 13 ground leases totaling $331 million in Q4, pushing its portfolio past $3 billion. It was recognized as the #1 performing Nareit stock in 2020 with an 82% total shareholder return. Additionally, it received investment grade credit ratings from Moody’s and Fitch.

Safehold Inc. (NYSE: SAFE) announced that Moody’s and Fitch Ratings have initiated credit research, assigning them investment grade ratings. Moody’s assigned a Baa1 issuer rating and Fitch assigned a BBB+ issuer default rating, both with stable outlooks. The ratings reflect Safehold's strong credit profile, driven by its focus on modernizing ground leases and low-risk asset class. CEO Jay Sugarman emphasized the milestone in enhancing capital accessibility for commercial real estate owners. This achievement supports the company's goal of leading the growing ground lease industry.

iStar Inc. (NYSE: STAR) will release its fourth quarter and fiscal year 2020 financial results on February 23, 2021, before market open. The earnings conference call will follow at 10:00 a.m. ET, accessible via iStar's website. The company is focused on revolutionizing the ground lease sector, emphasizing efficiency and modern approaches to real estate ownership. As the largest shareholder of Safehold Inc. (NYSE: SAFE), iStar uses its finance strengths to explore new market opportunities, having completed over $40 billion in transactions in the last 20 years.

Safehold Inc. (NYSE: SAFE) will release its financial results for Q4 and the fiscal year 2020 on February 11, 2021, before market open. An earnings conference call is scheduled for 10:00 a.m. ET, accessible via the company's website or by calling 877.336.4440 (U.S.) or 409.207.6984 (international) with conference ID 6230255. A replay will be available post-call. Safehold, a REIT, is changing real estate ownership through innovative ground lease solutions, aiming to deliver safe, growing income and capital appreciation for shareholders.

Safehold Inc. (NYSE: SAFE) reported the tax treatment of its 2020 common stock dividends. The company distributed dividends quarterly, with amounts per share as follows: $0.1560 on January 15, April 15, and September 15, and $0.16224 on July 15. All distributions are categorized as return of capital, meaning they do not constitute ordinary income for tax purposes. Safehold operates as a real estate investment trust (REIT), focused on modern ground lease capital solutions, aiming to provide safe, growing income and long-term capital appreciation for shareholders.

Safehold Inc. (NYSE: SAFE) announced a common stock dividend of $0.16224 per share for Q4 2020, representing an annualized rate of $0.64896. This dividend is payable on January 15, 2021 to shareholders on record as of January 4, 2021. Safehold continues to innovate real estate ownership through its ground lease capital solution, enabling property owners in major U.S. markets to achieve higher returns with reduced risk. The company operates as a REIT, targeting safe, growing income and long-term capital appreciation for its shareholders.

iStar (NYSE: STAR) will present at the BofA Securities 2020 Leveraged Finance Virtual Conference on December 2, 2020, at 5:15 pm ET. CEO Jay Sugarman will lead the presentation, which can be accessed live through iStar's website. The company specializes in modern ground leases, unlocking value in real estate ownership. As the largest shareholder of Safehold (NYSE: SAFE), iStar has completed over $40 billion in transactions over the last twenty years. Replay of the presentation will be available shortly after the live event.

iStar Inc. (NYSE: STAR) announced an adjustment to its 3.125% Convertible Senior Notes due 2022, altering the conversion price to $14.23 per share from $14.47 following cash dividends payable on December 15, 2020. The adjusted rate allows holders to convert notes into approximately 70.2538 shares of common stock per $1,000 principal amount. This change is effective from November 30, 2020 and aims to reflect the recent dividend payments.