NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- iStar Financial Inc. (NYSE:
SFI), a leading publicly traded finance company focused on the commercial real
estate industry, announced today that the Company's Board of Directors has
declared dividends on the Company's Series D, Series E, Series F, Series G,
and Series I Preferred Stock. For all five series of Preferred Stock,
dividends are payable on March 16, 2009 to holders of record on March 2, 2009.
A dividend of $0.50 per share will be paid on the 8.00% Series D Preferred
Stock; a dividend of $0.492188 per share will be paid on the 7.875% Series E
Preferred Stock; a dividend of $0.4875 per share will be paid on the 7.80%
Series F Preferred Stock; a dividend of $0.478125 per share will be paid on
the 7.65% Series G Preferred Stock; and a dividend of $0.46875 per share will
be paid on the 7.50% Series I Preferred Stock.
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iStar Financial Inc. is a leading publicly traded finance company focused
on the commercial real estate industry. The Company primarily provides
custom-tailored investment capital to high-end private and corporate owners of
real estate, including senior and mezzanine real estate debt, senior and
mezzanine corporate capital, as well as corporate net lease financing and
equity. The Company, which is taxed as a real estate investment trust
("REIT"), seeks to deliver strong dividends and superior risk-adjusted returns
on equity to shareholders by providing innovative and value added financing
solutions to its customers. Additional information on iStar Financial is
available on the Company's website at www.istarfinancial.com.
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SOURCE iStar Financial Inc.
Catherine D. Rice,
Chief Financial Officer,
Senior Vice President - Investor Relations,
both of iStar,
Web Site: http://www.istarfinancial.com