iStar Declares Preferred Stock Dividends

Feb 16, 2016, 16:30 ET from iStar

NEW YORK, Feb. 16, 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 March 15, 2016 to holders of record on March 1, 2016. 

Series of Preferred Stock

Liquidation Preference

Dividend Per Share

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

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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



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