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05/17/2017

iStar Declares Preferred Stock Dividends

NEW YORK, May 17, 2017 /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 June 15, 2017 to holders of record on June 1, 2017. 

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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/istar-declares-preferred-stock-dividends-300459563.html

SOURCE iStar

Jason Fooks, Vice President of Investor Relations & Marketing, 212.930.9400, investors@istar.com

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