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STAR-I iStar Inc. Series I Cumulative Redeemable Preferred Stock

We will pay to investors cumulative dividends on the Series I Preferred Stock from March 1, 2004 in the amount of $1.875 per share each year, which is equivalent to 7.50% of the $25.00 liquidation preference per share. Dividends on the Series I Preferred Stock will be payable quarterly in arrears, beginning on June 15, 2004. Except in limited circumstances to preserve our status as a real estate investment trust, we may not redeem the Series I Preferred Stock until March 1, 2009. On or after March 1, 2009, we may, at our option, redeem the Series I Preferred Stock, in whole or in part, at any time and from time to time, for cash at $25.00 per share, plus accrued and unpaid dividends, if any, to and including the redemption date. Any partial redemption will generally be on a pro rata basis.  This security was issued by iStar Inc. , whose common stock symbol is STAR.

$24.98  0.00 (0.00%)
As of 03/24/2023 00:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REITóDiversified
Index country:  USA
Country of incorporation:  USA
IPO date:  02/18/2014
Outstanding shares:  5,000,000
Average volume:  1,786
Market cap:   $123,000,000
Current dividend yield:  7.62%    calculation
Coupon rate:    7.500%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   03/01/2009
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      2440518

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