NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared aggregate common stock dividends of $0.1566 per share which is comprised of a $0.15 dividend per share for the third quarter and a $0.0066 dividend per share for the four days in the second quarter from and after the closing date of the Company’s initial public offering. The dividend represents an annualized rate of $0.60 per share and is payable on October 16, 2017 to holders of record on October 2, 2017.
Safety, Income & Growth Inc. (NYSE: SAFE) is the first publicly traded company that focuses on acquiring, owning, managing and capitalizing ground leases. The Company seeks to provide safe, growing income and capital appreciation to shareholders by building a diversified portfolio of high quality ground leases. The Company, which is taxed as a real estate investment trust (REIT), is managed by its largest shareholder, iStar Inc.Additional information on SAFE is available on its website at www.safetyincomegrowth.com.
Source: Safety, Income & Growth Inc.
Safety, Income & Growth Inc.
Jason Fooks, 212-930-9400
Vice President of Investor Relations & Marketing