iStar Declares Preferred Stock Dividends
Dienstag, 15.11.2016 22:50 von PR Newswire
PR Newswire
NEW YORK, Nov. 15, 2016
NEW YORK, Nov. 15, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on December 15, 2016 to holders of record on December 1, 2016.
|
Series of Preferred Stock |
Liquidation |
Dividend |
|
8.00% Series D Preferred Stock |
$25.00 |
$0.50 |
|
7.875% Series E Preferred Stock |
$25.00 |
$0.492188 |
|
7.80% Series F Preferred Stock |
$25.00 |
$0.4875 |
|
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 (NYSE: 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 more than $35 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.
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SOURCE iStar