01.02.2017 05:26:00

iStar Announces Tax Treatment of 2016 Dividends

NEW YORK, Jan. 31, 2017 iStar (NYSE: STAR) announced today the tax treatment of its 2016 preferred stock dividends.

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

03/01/16

03/15/16

$0.5000000

$0.263537

$0.180067

$0.056396

06/01/16

06/15/16

0.5000000

0.263537

0.180067

0.056396

09/01/16

09/15/16

0.5000000

0.263537

0.180067

0.056396

12/01/16

12/15/16

0.5000000

0.263537

0.180067

0.056396



$2.0000000

$1.054148

$0.720268

$0.225584

7.875% Series E Preferred Stock  |  Liquidation Preference: $25.00

NYSE: STAR prE
CUSIP: 45031U-507

Record
Date

Payment
Date

Distribution
per Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/16

03/15/16

$0.4921880

$0.259419

$0.177254

$0.055515

06/01/16

06/15/16

0.4921880

0.259419

0.177254

0.055515

09/01/16

09/15/16

0.4921880

0.259419

0.177254

0.055515

12/01/16

12/15/16

0.4921880

0.259419

0.177254

0.055515



$1.9687520

$1.037676

$0.709016

$0.222060

7.80% Series F Preferred Stock  |  Liquidation Preference: $25.00

NYSE: STAR prF
CUSIP: 45031U-606

Record
Date

Payment
Date

Distribution
per Share

Ordinary
Income

Unrecaptured
Section 1250 Gain

Capital
Gain

03/01/16

03/15/16

$0.4875000

$0.256948

$0.175566

$0.054986

06/01/16

06/15/16

0.4875000

0.256948

0.175566

0.054986

09/01/16

09/15/16

0.4875000

0.256948

0.175566

0.054986

12/01/16

12/15/16

0.4875000

0.256948

0.175566

0.054986



$1.9500000

$1.027792

$0.702264

$0.219944

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

03/01/16

03/15/16

$0.4781250

$0.252007

$0.172190

$0.053928

06/01/16

06/15/16

0.4781250

0.252007

0.172190

0.053928

09/01/16

09/15/16

0.4781250

0.252007

0.172190

0.053928

12/01/16

12/15/16

0.4781250

0.252007

0.172190

0.053928



$1.9125000

$1.008028

$0.688760

$0.215712

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

03/01/16

03/15/16

$0.4687500

$0.247066

$0.168813

$0.052871

06/01/16

06/15/16

0.4687500

0.247066

0.168813

0.052871

09/01/16

09/15/16

0.4687500

0.247066

0.168813

0.052871

12/01/16

12/15/16

0.4687500

0.247066

0.168813

0.052871



$1.8750000

$0.988264

$0.675252

$0.211484

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

03/01/16

03/15/16

$0.5625000

$0.296479

$0.202576

$0.063445

06/01/16

06/15/16

0.5625000

0.296479

0.202576

0.063445

09/01/16

09/15/16

0.5625000

0.296479

0.202576

0.063445

12/01/16

12/15/16

0.5625000

0.296479

0.202576

0.063445



$2.5000000

$1.185916

$0.810304

$0.253780

*                     *                     *

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.

 


 

 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/istar-announces-tax-treatment-of-2016-dividends-300400184.html

SOURCE iStar

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