Istar's latest quarterly dividend was on Aug 31, 2022 (ex-date) with a payout of $0.125 per share. On an annualized basis, the company has a current payout of $0.5 per share. This brings the dividend yield to 4.94% based on its recent close price.
Istar's dividend yield of 4.94% is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.05%, Istar's dividend yield is 18% lower.
Istar has a long history of dividend payments, including the last four consecutive years with dividend payouts. STAR has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 6% for the last twelve months. And with the price of the stock down by 60% from a year ago, the dividend yield marks an increase of 165%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2022 | Sep 15, 2022 | Aug 17, 2022 | $0.125 | normal |
| May 31, 2022 | Jun 15, 2022 | May 13, 2022 | $0.125 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 18, 2022 | $0.125 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 15, 2021 | $0.125 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 13, 2021 | $0.125 | normal |
| May 28, 2021 | Jun 15, 2021 | May 14, 2021 | $0.125 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 19, 2021 | $0.11 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 16, 2020 | $0.11 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.11 | normal |
| May 29, 2020 | Jun 15, 2020 | May 15, 2020 | $0.11 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Feb 20, 2020 | $0.1 | normal |
| Nov 15, 2019 | Dec 2, 2019 | Nov 4, 2019 | $0.1 | normal |
| Aug 14, 2019 | Aug 30, 2019 | Aug 2, 2019 | $0.1 | normal |
| May 14, 2019 | May 31, 2019 | May 6, 2019 | $0.1 | normal |
| Mar 1, 2019 | Mar 15, 2019 | Feb 21, 2019 | $0.09 | normal |
| Nov 14, 2018 | Nov 30, 2018 | Oct 31, 2018 | $0.09 | normal |
| Aug 14, 2018 | Aug 31, 2018 | Aug 2, 2018 | $0.09 | normal |
Istar's payout ratio of 5.6% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 116.9%, Istar's payout ratio is 95% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DEI Douglas Emmett Inc | 6.04% | $1.12 | 228.6% |
| STAR Istar Inc | 4.94% | $0.5 | 5.6% |
| AVB Avalonbay Communities Inc | 3.38% | $6.36 | 109.1% |
Yes, Istar has been paying dividends for the last four years.
STAR hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2022.
Istar's last regular dividend was on Aug 31, 2022 (ex-date) with the amount of $0.125 per share.
STAR's annualized dividend per share is $0.5.
The current dividend yield of Istar is 4.94%.
Istar pays four dividends per year.
The dividend payout ratio of Istar is 5.6%.
Istar's dividend yield is lower than the Real Estate sector average.