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Safehold Announces Tax Treatment of 2024 Dividends

1. SAFE announced its tax treatment for 2024 common stock dividends. 2. Quarterly dividends are set at $0.1770 per share. 3. Ordinary dividends classify as qualified dividends at $0.008487 each quarter. 4. Major portion of dividends is considered return of capital. 5. SAFE aims to provide safe and growing income to shareholders.

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FAQ

Why Bullish?

Stable dividends boost investor confidence; dividend announcements often attract buyers.

How important is it?

Dividend announcements typically indicate financial health, impacting investor decisions positively.

Why Short Term?

Immediate influence as dividends may attract shareholders quickly, but long-term impact less certain.

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, /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2024 common stock dividends. NYSE: SAFECUSIP: 78646V107 Record Date Payment Date Distributionper Share OrdinaryTaxableDividend1 QualifiedDividend Return of Capital(Non-DividendDistribution) 12/29/23 1/16/24 $0.1770 $0.008487 $0.008487 $0.168513 3/28/24 4/15/24 $0.1770 $0.008487 $0.008487 $0.168513 6/28/24 7/15/24 $0.1770 $0.008487 $0.008487 $0.168513 9/30/24 10/15/24 $0.1770 $0.008487 $0.008487 $0.168513 1  The ordinary dividend of $0.008487 per quarter is classified as a qualified dividend and includes the amounts reported in the qualified dividend column. About Safehold: 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. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), 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. Company Contact: Pearse HoffmannSenior Vice PresidentCapital Markets & Investor RelationsT 212.930.9400E [email protected]  SOURCE Safehold WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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