iStar Financial (STAR) Initiates, Declares $0.09 Quarterly Dividend; 3.3% Yield

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Go back to iStar Financial (STAR) Initiates, Declares $0.09 Quarterly Dividend; 3.3% Yield

iStar Reports Second Quarter 2018 Results and Initiates Quarterly Common Dividend

August 2, 2018 4:20 PM EDT

NEW YORK, Aug. 2, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the second quarter ended June 30, 2018.

The Company published a presentation detailing its results and a reconciliation of its non-GAAP financial metrics, which can be found on its website, www.istar.com, in the "Investors" section.

Highlights for the quarter include:

Net income of $42.9 million or $0.54 per diluted share Adjusted net income of $43.6 million or $0.55... More