Safety, Income & Growth Announces Tax Treatment of 2018 Dividends
NEW YORK--(BUSINESS WIRE)-- Safety, Income & Growth Inc. (NYSE: SAFE) announced the tax treatment of its 2018 common stock dividends.
|Return of Capital
The Company’s dividend paid on January 15, 2019 to holders of record on December 31, 2018 will be treated as a 2019 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.
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Safety, Income & Growth Inc.
Vice President of Investor Relations & Marketing
Source: Safety, Income & Growth Inc.