iStar Financial Declares Preferred Stock Dividends

NEW YORK, May 15, 2013 /PRNewswire/ -- iStar Financial Inc. (NYSE: SFI) 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 June 17, 2013 to holders of record on June 1, 2013.

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

$0.55

The dividend for the Series J Preferred Stock is pro-rated this quarter to reflect the partial period since issuance on March 18, 2013. For the full quarterly period, the regular dividend on the Series J Preferred Stock would be calculated at $0.5625 per share.

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iStar Financial Inc. (NYSE: SFI) is a fully-integrated finance and investment company focused on the commercial real estate industry. The Company provides custom-tailored investment capital to high-end private and corporate owners of real estate and invests directly across a range of real estate sectors. The Company, which is taxed as a real estate investment trust ("REIT"), has invested more than $35 billion over the past two decades. Additional information on iStar Financial is available on the Company's website at www.istarfinancial.com.

SOURCE iStar Financial Inc.



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