Safety, Income & Growth Announces Tax Treatment of 2017 Dividends
NEW YORK--(BUSINESS WIRE)-- Safety, Income & Growth Inc. (NYSE:SAFE) announced the tax treatment of its 2017 common stock dividends.
Return of Capital
The Company’s dividend paid on January 16, 2018 to holders of record on December 29, 2017 will be treated as a 2018 distribution for tax purposes.
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