NEW YORK, Nov. 16, 2015 /PRNewswire/ -- iStar (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, 2015 to holders of record on December 1, 2015.
|
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
|
iStar (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.