PR Newswire | Jan 28, 2022 04:30PM EST

01/28 15:30 CST

iStar Announces Tax Treatment of 2021 Dividends NEW YORK, Jan. 28, 2022

NEW YORK, Jan. 28, 2022 /PRNewswire/ -- iStar (NYSE: STAR) announced the tax treatment of its 2021 common and preferred stock dividends.

iStar Common Stock

NYSE: STARCUSIP: 45031U-101

Record Payment DistributionOrdinaryCapital Gain UnrecapturedReturn ofDate Date per Share Income Distribution Section 1250Capital (Section 897)Gains

03/01/2103/15/21$0.1100 $0.0000 $0.1100 $0.0201322 $0.0000

06/01/2106/15/210.1250 0.0000 0.1250 0.0228775 0.0000

09/01/2109/15/210.1250 0.0000 0.1250 0.0228775 0.0000

12/01/2112/15/210.1250 0.0000 0.1250 0.0228775 0.0000

$0.4850 $0.0000 $0.4850 $0.0887647 $0.0000



8.00% Series D Preferred Stock | Liquidation Preference: $25.00

NYSE: STAR prDCUSIP: 45031U-408

Record Payment DistributionOrdinaryCapital Gain UnrecapturedReturn ofDate Date per Share Income Distribution Section 1250Capital (Section 897)Gains

03/01/2103/15/21$0.5000 $0.0000 $0.5000 $0.0915102 $0.0000

06/01/2106/15/210.5000 0.0000 0.5000 0.0915102 0.0000

09/01/2109/15/210.5000 0.0000 0.5000 0.0915102 0.0000

12/01/2112/15/210.5000 0.0000 0.5000 0.0915102 0.0000

$2.0000 $0.0000 $2.0000 $0.3660408 $0.0000



7.65% Series G Preferred Stock | Liquidation Preference: $25.00

NYSE: STAR prGCUSIP: 45031U-705

Record Payment DistributionOrdinaryCapital Gain UnrecapturedReturn ofDate Date per Share Income Distribution Section 1250Capital (Section 897)Gains

03/01/2103/15/21$0.478125 $0.0000 $0.478125 $0.0875066 $0.0000

06/01/2106/15/210.478125 0.0000 0.478125 0.0875066 0.0000

09/01/2109/15/210.478125 0.0000 0.478125 0.0875066 0.0000

12/01/2112/15/210.478125 0.0000 0.478125 0.0875066 0.0000

$1.912500 $0.0000 $1.912500 $0.3500264 $0.0000



7.50% Series I Preferred Stock | Liquidation Preference: $25.00

NYSE: STAR prICUSIP: 45031U-804

Record Payment DistributionOrdinaryCapital Gain UnrecapturedReturn ofDate Date per Share Income Distribution Section 1250Capital (Section 897)Gains

03/01/2103/15/21$0.46875 $0.0000 $0.46875 $0.0857908 $0.0000

06/01/2106/15/210.46875 0.0000 0.46875 0.0857908 0.0000

09/01/2109/15/210.46875 0.0000 0.46875 0.0857908 0.0000

12/01/2112/15/210.46875 0.0000 0.46875 0.0857908 0.0000

$1.87500 $0.0000 $1.87500 $0.3431632 $0.0000



Form 1099-DIV box 2a: Pursuant to Treas. Reg. ? 1.1061-6(c), the Company is reporting that for purposes of section 1061 of the Internal Revenue Code the One Year Amounts Disclosure and the Three-Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of "applicable partnership interests."



iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases within the $7 trillion institutional commercial real estate market. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades. Additional information on iStar is available on its website at www.istar.com.

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SOURCE iStar Inc.