NEW YORK--(BUSINESS WIRE)--Safety, Income & Growth Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the second quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on July 13, 2018 to holders of record on June 29, 2018.
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.