Safehold Announces Tax Treatment of 2019 Dividends
NEW YORK--(BUSINESS WIRE)--Jan 16, 2020--
Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2019 common stock dividends.
Return of Capital
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
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CONTACT: Jason Fooks
Senior Vice President
Investor Relations & Marketing
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT
SOURCE: Safehold Inc.
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PUB: 01/16/2020 04:30 PM/DISC: 01/16/2020 04:30 PM