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.
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Source: Safety, Income & Growth Inc.