iStar Announces Tax Treatment of 2018 Dividends

January 18, 2019 at 8:30 AM EST

NEW YORK, Jan. 18, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced the tax treatment of its 2018 common and preferred stock dividends.

iStar Common Stock

NYSE: STAR
CUSIP: 45031U-101

Record Date	Payment Date	Distribution per Share	Ordinary Income	Unrecaptured Section 1250 Gain	Capital Gain
08/15/18	08/31/18	$0.090000	$0.000000	$0.023414	$0.066586
11/15/18	11/30/18	0.090000	0.000000	0.023414	0.066586
		$0.180000	$0.000000	$0.046828	$0.133172

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
03/01/18	03/15/18	$0.500000	$0.000000	$0.130075	$0.369925
06/01/18	06/15/18	0.500000	0.000000	0.130075	0.369925
09/04/18	09/17/18	0.500000	0.000000	0.130075	0.369925
12/03/18	12/17/18	0.500000	0.000000	0.130075	0.369925
		$2.000000	$0.000000	$0.520300	$1.479700

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
03/01/18	03/15/18	$0.478125	$0.000000	$0.124384	$0.353741
06/01/18	06/15/18	0.478125	0.000000	0.124384	0.353741
09/04/18	09/17/18	0.478125	0.000000	0.124384	0.353741
12/03/18	12/17/18	0.478125	0.000000	0.124384	0.353741
		$1.912500	$0.000000	$0.497536	$1.414964

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
03/01/18	03/15/18	$0.468750	$0.000000	$0.121945	$0.346805
06/01/18	06/15/18	0.468750	0.000000	0.121945	0.346085
09/04/18	09/17/18	0.468750	0.000000	0.121945	0.346085
12/03/18	12/17/18	0.468750	0.000000	0.121945	0.346085
		$1.875000	$0.000000	$0.448778	$1.38434

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
03/01/18	03/15/18	$0.562500	$0.000000	$0.146334	$0.416166
06/01/18	06/15/18	0.562500	0.000000	0.146334	0.416166
09/04/18	09/17/18	0.562500	0.000000	0.146334	0.416166
12/03/18	12/17/18	0.562500	0.000000	0.146334	0.416166
		$2.250000	$0.000000	$0.585336	$1.664664

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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.

iStar logo. (PRNewsFoto/iStar Financial Inc.) (PRNewsfoto/iStar)

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SOURCE iStar

Jason Fooks, Vice President of Investor Relations & Marketing, 212.930.9400, investors@istar.com