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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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 Payment Distribution Ordinary Unrecaptured Capital Date Date per Share Income Section 1250 Gain 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
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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 $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.
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SOURCE iStar