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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