Safehold Declares Fourth Quarter 2024 Common Stock Dividend

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has announced its fourth quarter 2024 common stock dividend of $0.177 per share, representing an annualized rate of $0.708 per share. The dividend will be paid on January 15, 2025, to shareholders of record as of December 30, 2024.

Safehold, established in 2017, operates as a real estate investment trust (REIT) focused on revolutionizing real estate ownership through modern ground lease solutions. The company helps property owners of various asset types, including multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties, achieve higher returns with reduced risk.

Positive

• Consistent dividend payment maintained at $0.177 per share quarterly
• Diversified portfolio across multiple real estate sectors

Negative

• None.

NEW YORK, Dec. 13, 2024 /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 fourth quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on January 15, 2025 to holders of record on December 30, 2024.

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), 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: 

Pearse Hoffmann
Senior Vice President
Capital Markets & Investor Relations
T 212.930.9400
E investors@safeholdinc.com

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SOURCE Safehold

FAQ

What is Safehold's (SAFE) Q4 2024 dividend amount?

Safehold's Q4 2024 dividend is $0.177 per share, representing an annualized rate of $0.708 per share.

When will Safehold (SAFE) pay its Q4 2024 dividend?

Safehold will pay its Q4 2024 dividend on January 15, 2025, to shareholders of record as of December 30, 2024.

What is Safehold's (SAFE) annualized dividend rate for 2024?

Safehold's annualized dividend rate for 2024 is $0.708 per share.

What types of properties does Safehold (SAFE) focus on for ground leases?

Safehold focuses on high-quality multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties.

When did Safehold (SAFE) create its modern ground lease industry?

Safehold created the modern ground lease industry in 2017.