Safehold Declares Third Quarter 2022 Common Stock Dividend

Rhea-AI Summary

Safehold Inc. (NYSE: SAFE) has declared a third quarter 2022 dividend of $0.177 per share, reflecting an annualized rate of $0.708 per share. This dividend is payable on October 14, 2022 to shareholders on record as of September 30, 2022. The company increased its dividend by 4.12% in the previous quarter. Safehold, a REIT, specializes in modern ground leases, aimed at enhancing returns for property owners while managing risk.

Positive

• Declared a dividend of $0.177 per share for Q3 2022.
• Annualized dividend rate increased to $0.708 per share.
• Dividend reflects a 4.12% increase from the previous quarter.
• Provides a growing income stream to shareholders.

Negative

• None.

News Market Reaction

+0.75%

1 alert

+0.75% News Effect

On the day this news was published, SAFE gained 0.75%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 19, 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 third quarter of 2022. The dividend represents an annualized rate of $0.708 per share and is payable on October 14, 2022 to holders of record on September 30, 2022. The dividend was previously increased by 4.12% in the second quarter of this year.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/safehold-declares-third-quarter-2022-common-stock-dividend-301626742.html

SOURCE Safehold

FAQ

What is the dividend amount declared by Safehold for Q3 2022?

Safehold declared a dividend of $0.177 per share for Q3 2022.

When will Safehold's Q3 2022 dividend be paid?

The dividend will be paid on October 14, 2022.

What is the record date for Safehold's Q3 2022 dividend?

The record date for the dividend is September 30, 2022.

How much has Safehold increased its dividend recently?

Safehold increased its dividend by 4.12% in the second quarter of 2022.

What is Safehold's dividend sustainability?

Safehold aims to deliver safe, growing income and long-term capital appreciation to its shareholders.