iStar Declares Quarterly Common Stock Dividend

NEW YORK, Oct. 31, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared common stock dividends of $0.09 per share for the fourth quarter of 2018. The dividend represents an annualized rate of $0.36 per share and is payable on November 30 to holders of record on November 15, 2018.

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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 $40 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.

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SOURCE iStar