NEW YORK, July 1 /PRNewswire-FirstCall/ -- iStar Financial Inc.
(NYSE: SFI) announced today that its Board of Directors has declared a regular
quarterly cash dividend on its common stock of $0.6975 per share for the
quarter ending June 30, 2004. The $0.6975 dividend is payable on July 29, 2004
to holders of record on July 15, 2004.
iStar Financial is the leading publicly traded finance company focused on
the commercial real estate industry. The Company provides custom-tailored
financing to high-end private and corporate owners of real estate nationwide,
including senior and junior mortgage debt, senior and mezzanine corporate
capital, and corporate net lease financing. The Company, which is taxed as a
real estate investment trust, seeks to deliver a strong dividend and superior
risk-adjusted returns on equity to shareholders by providing the highest
quality financing solutions to its customers. Additional information on iStar
Financial is available on the Company's website at
SOURCE iStar Financial Inc.
/CONTACT: Catherine D. Rice, Chief Financial Officer, or Andrew C.
Richardson, Executive Vice President - Capital Markets, or Heather A. Rauch,
Analyst - Investor Relations, all of iStar Financial Inc., +1-212-930-9400/
/Web site: http://www.istarfinancial.com /
CO: iStar Financial Inc.
ST: New York
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3011 07/01/2004 07:30 EDT http://www.prnewswire.com