iStar Announces Tax Treatment of 2018 Dividends

January 18, 2019
PDF Version

NEW YORK, Jan. 18, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced the tax treatment of its 2018 common and preferred stock dividends.

iStar Common Stock

NYSE: STAR
CUSIP: 45031U-101

Record
Date

Payment
Date

Distribution per
Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

08/15/18

08/31/18

$0.090000

$0.000000

$0.023414

$0.066586

11/15/18

11/30/18

0.090000

0.000000

0.023414

0.066586
   

$0.180000

$0.000000

$0.046828

$0.133172

8.00% Series D Preferred Stock  |  Liquidation Preference: $25.00

NYSE: STAR prD
CUSIP: 45031U-408

Record
Date

Payment
Date

Distribution per
Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/18

03/15/18

$0.500000

$0.000000

$0.130075

$0.369925

06/01/18

06/15/18

0.500000

0.000000

0.130075

0.369925

09/04/18

09/17/18

0.500000

0.000000

0.130075

0.369925

12/03/18

12/17/18

0.500000

0.000000

0.130075

0.369925
   

$2.000000

$0.000000

$0.520300

$1.479700


7.65% Series G Preferred Stock  |  Liquidation Preference: $25.00

NYSE: STAR prG
CUSIP: 45031U-705

Record
Date

Payment
Date

Distribution per
Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/18

03/15/18

$0.478125

$0.000000

$0.124384

$0.353741

06/01/18

06/15/18

0.478125

0.000000

0.124384

0.353741

09/04/18

09/17/18

0.478125

0.000000

0.124384

0.353741

12/03/18

12/17/18

0.478125

0.000000

0.124384

0.353741
   

$1.912500

$0.000000

$0.497536

$1.414964

 

7.50% Series I Preferred Stock  |  Liquidation Preference: $25.00

NYSE: STAR prI
CUSIP: 45031U-804

Record
Date

Payment
Date

Distribution per
Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/18

03/15/18

$0.468750

$0.000000

$0.121945

$0.346805

06/01/18

06/15/18

0.468750

0.000000

0.121945

0.346085

09/04/18

09/17/18

0.468750

0.000000

0.121945

0.346085

12/03/18

12/17/18

0.468750

0.000000

0.121945

0.346085
   

$1.875000

$0.000000

$0.448778

$1.38434

 

4.50% Series J Preferred Stock  |  Liquidation Preference: $50.00
CUSIP: 45031U-887

Record
Date

Payment
Date

Distribution per
Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/18

03/15/18

$0.562500

$0.000000

$0.146334

$0.416166

06/01/18

06/15/18

0.562500

0.000000

0.146334

0.416166

09/04/18

09/17/18

0.562500

0.000000

0.146334

0.416166

12/03/18

12/17/18

0.562500

0.000000

0.146334

0.416166
   

$2.250000

$0.000000

$0.585336

$1.664664

 

*     *     *

iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets. Additional information on iStar is available on its website at www.istar.com.

 

iStar logo. (PRNewsFoto/iStar Financial Inc.) (PRNewsfoto/iStar)

 

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SOURCE iStar

Jason Fooks, Vice President of Investor Relations & Marketing, 212.930.9400, investors@istar.com