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SAFE Safehold Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Diversified

$11.34 ▲ $0.37(3.37%) as of Oct 30, 2026 06:20 UTC
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Safehold Inc. (NYSE: SAFE) is fundamentally transforming real estate ownership by offering property owners an innovative and superior method to extract the inherent value from the land supporting their structures. Through its modern ground lease financing solutions, Safehold empowers owners of premium multi-family, commercial, industrial, hospitality, and mixed-use assets located in key markets across the United States to achieve enhanced financial returns while concurrently mitigating risk. Operating as a Real Estate Investment Trust (REIT) and managed by its principal shareholder, iStar Inc., the company's objective is to deliver secure, progressively increasing income and sustainable long-term capital growth to its investors.

Dividend Snapshot

StatusReduced
Last Dividend$0.1770Paid Oct 15, 2026
Forward Annual$0.71From the $0.1770 dividend declared Sep 15, 2026
FrequencyQuarterly
Last Ex-DateSep 30, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.0%Annual totals, 2024–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

32/100

Weak indicators

Complete data

Dividend Growth Score

17/100

Very weak growth record

Complete data

Dividend Value Score

70/100

Below own historical valuation

Complete data

DividendRank

39/100

Lower middle of the scale

Complete data

How the Dividend Safety Score is built for SAFE
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Operating cash flow payout ratioOperating cash flow payout ratio 103% (TTM to Jun 30, 2026) 25 35%
Net debt / EBITDANet debt / EBITDA 13.7x (TTM to Jun 30, 2026) 0 20%
Interest coverageInterest coverage, EBITDA basis 1.6x (TTM to Jun 30, 2026) 18 15%
Dividend record9 years of uninterrupted regular payments; last cut Aug 31, 2022 (-22.3%), within 10 years: capped at 50 50 20%
Operating cash flow stabilityOperating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for SAFE
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR -3.0% (2020–2025) 10 25%
Consecutive annual increases0 consecutive annual increases (through 2025) 10 20%
Payout headroomHeadroom from the operating cash flow payout ratio 103% (TTM to Jun 30, 2026) 4 20%
Operating cash flow per share growth (3 years)Operating cash flow per share CAGR -13.5% (FY2022–FY2025) 0 15%
Revenue growth (3 years)Revenue CAGR 12.6% (FY2022–FY2025) 100 10%
10-year dividend growthN/A (not used) N/A 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

How the Dividend Value Score is built for SAFE
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 100th percentile of its 98 month-end yields 100 40%
P/OCF vs own 5-year medianP/OCF 21.8 is 0.62x its 5-year median of 34.9 98 25%
Operating cash flow yieldOperating cash flow yield 4.6% (TTM to Jun 30, 2026) 26 20%
P/OCF vs peersP/OCF 21.8 vs peer median 12.6 (1.73x; 112 reit / Real Estate securities) 0 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.

Key Metrics

Current Yield

6.24%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.7080

Declared Sep 15, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

41

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$10.66 – $17.17

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

32.78% (EPS-based)

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

32

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.33

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 32/100, yield 6.24%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around October 2008).
E Enduring
32 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume466,339Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$11.38Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$11.17 – $11.41Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$11.33Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$803.06MAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out70.82MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.6212 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)6.9Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 30, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)-4.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)-3.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose10Since Dec 1993
Rank among payers1096of 2,430 with a record
Years it fell over 20%2in 17 comparable years
Of peers with 10 to 24 up years75%also cut at some point

SAFE has raised its annual dividend in 10 separate years since December 1993, which ranks 1096 among the 2,430 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

SAFE's dividend yield rose from 4.30% to 6.24% over the past ~90 days (+1.94 pp). Of that move, +0.00 pp came from changes in the dividend rate and +1.94 pp from the share price ($16.45 on Aug 03, 2026 → $11.34 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current6.24%
1-Yr Average4.89%
Low / High4.12% – 6.64%
Percentile98%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), SAFE's current yield is higher than approximately 98% of them. Our stored price history for SAFE covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1770 Q Regular Sep 15, 2026 Sep 30, 2026 Sep 30, 2026 Oct 15, 2026
$0.1770 Q Regular Jun 15, 2026 Jun 30, 2026 Jun 30, 2026 Jul 15, 2026
$0.1770 Q Regular Mar 13, 2026 Mar 31, 2026 Mar 31, 2026 Apr 15, 2026
$0.1770 Q Regular Dec 15, 2025 Dec 30, 2025 Dec 30, 2025 Jan 15, 2026
$0.1770 Q Regular Sep 15, 2025 Sep 30, 2025 Sep 30, 2025 Oct 15, 2025
$0.1770 Q Regular Jun 13, 2025 Jun 30, 2025 Jun 30, 2025 Jul 15, 2025
$0.1770 Q Regular Mar 14, 2025 Mar 31, 2025 Mar 31, 2025 Apr 15, 2025
$0.1770 Q Regular Dec 13, 2024 Dec 30, 2024 Dec 30, 2024 Jan 15, 2025
$0.1770 Q Regular Sep 13, 2024 Sep 30, 2024 Sep 30, 2024 Oct 15, 2024
$0.1770 Q Regular Jun 14, 2024 Jun 28, 2024 Jun 28, 2024 Jul 15, 2024
$0.1770 Q Regular Mar 15, 2024 Mar 27, 2024 Mar 28, 2024 Apr 15, 2024
$0.1770 Q Regular Dec 15, 2023 Dec 28, 2023 Dec 29, 2023 Jan 16, 2024
$0.1770 Q Regular Sep 15, 2023 Sep 28, 2023 Sep 29, 2023 Oct 13, 2023
$0.1770 Q Regular Jun 15, 2023 Jun 29, 2023 Jun 30, 2023 Jul 14, 2023
$0.1770 Q Regular Mar 20, 2023 Mar 29, 2023 Mar 30, 2023 Mar 30, 2023
$0.0283 Q Regular Dec 15, 2022 Dec 29, 2022 Dec 30, 2022 Jan 13, 2023
$0.1250 Q Regular Aug 17, 2022 Aug 31, 2022 Sep 01, 2022 Sep 15, 2022
$0.0364 M Regular Jun 15, 2022 Jun 29, 2022 Jun 30, 2022 Jul 15, 2022
$0.1250 Q Special May 13, 2022 May 31, 2022 Jun 01, 2022 Jun 15, 2022
$0.0349 M Regular Mar 21, 2022 Mar 30, 2022 Mar 31, 2022 Apr 15, 2022
$0.1250 Q Special Feb 18, 2022 Feb 28, 2022 Mar 01, 2022 Mar 15, 2022
$0.0349 M Regular Dec 15, 2021 Dec 31, 2021 Jan 03, 2022 Jan 14, 2022
$0.1250 Q Special Nov 15, 2021 Nov 30, 2021 Dec 01, 2021 Dec 15, 2021
$0.0349 M Regular Sep 15, 2021 Sep 29, 2021 Sep 30, 2021 Oct 15, 2021
$0.1250 Q Special Aug 13, 2021 Aug 31, 2021 Sep 01, 2021 Sep 15, 2021
$0.0349 M Regular Jun 14, 2021 Jun 29, 2021 Jun 30, 2021 Jul 15, 2021
$0.1250 Q Special May 14, 2021 May 28, 2021 Jun 01, 2021 Jun 15, 2021
$0.0333 M Regular Mar 19, 2021 Mar 30, 2021 Mar 31, 2021 Apr 15, 2021
$0.1100 Q Special Feb 19, 2021 Feb 26, 2021 Mar 01, 2021 Mar 15, 2021
$0.0333 M Regular Dec 18, 2020 Dec 31, 2020 Jan 04, 2021 Jan 15, 2021
$0.1100 Q Special Nov 16, 2020 Nov 30, 2020 Dec 01, 2020 Dec 15, 2020
$0.0333 M Regular Sep 15, 2020 Sep 29, 2020 Sep 30, 2020 Oct 15, 2020
$0.1100 Q Special Aug 05, 2020 Aug 31, 2020 Sep 01, 2020 Sep 15, 2020
$0.0333 M Regular Jun 15, 2020 Jun 29, 2020 Jun 30, 2020 Jul 15, 2020
$0.1100 Q Special May 15, 2020 May 29, 2020 Jun 01, 2020 Jun 15, 2020
$0.0320 M Regular Mar 23, 2020 Mar 30, 2020 Mar 31, 2020 Apr 15, 2020
$0.1000 Q Special Feb 20, 2020 Feb 28, 2020 Mar 02, 2020 Mar 16, 2020
$0.0320 I Regular Dec 23, 2019 Jan 02, 2020 Jan 03, 2020 Jan 15, 2020
$0.1000 Q Special Nov 04, 2019 Nov 15, 2019 Nov 18, 2019 Dec 02, 2019
$0.0320 I Regular Sep 23, 2019 Oct 02, 2019 Oct 03, 2019 Oct 15, 2019
$0.1000 Q Special Aug 02, 2019 Aug 14, 2019 Aug 15, 2019 Aug 30, 2019
$0.0320 I Regular Jun 11, 2019 Jun 27, 2019 Jun 28, 2019 Jul 15, 2019
$0.1000 Q Special May 06, 2019 May 14, 2019 May 15, 2019 May 31, 2019
$0.0308 M Regular Mar 15, 2019 Mar 28, 2019 Mar 29, 2019 Apr 15, 2019
$0.0900 Q Special Feb 21, 2019 Mar 01, 2019 Mar 04, 2019 Mar 15, 2019
$0.0308 I Regular Dec 17, 2018 Dec 28, 2018 Dec 31, 2018 Jan 15, 2019
$0.0900 Q Special Oct 31, 2018 Nov 14, 2018 Nov 15, 2018 Nov 30, 2018
$0.0308 I Regular Sep 17, 2018 Sep 27, 2018 Sep 28, 2018 Oct 15, 2018
$0.0900 Q Special Aug 02, 2018 Aug 14, 2018 Aug 15, 2018 Aug 31, 2018
$0.0308 Q Regular Jun 14, 2018 Jun 28, 2018 Jun 29, 2018 Jul 13, 2018
$0.0308 Q Regular Mar 19, 2018 Mar 28, 2018 Mar 30, 2018 Apr 13, 2018
$0.0308 Q Regular Dec 19, 2017 Dec 28, 2017 Dec 29, 2017 Jan 16, 2018
$0.0323 S Regular Sep 22, 2017 Sep 29, 2017 Oct 02, 2017 Oct 16, 2017
$0.8700 Q Regular N/A Jul 11, 2008 Jul 15, 2008 Jul 31, 2008
$0.8700 Q Regular N/A Mar 13, 2008 Mar 17, 2008 Apr 30, 2008
$0.2500 M Special N/A Dec 27, 2007 Dec 31, 2007 Jan 14, 2008
$0.8700 Q Regular N/A Dec 13, 2007 Dec 17, 2007 Dec 31, 2007
$0.8250 Q Regular N/A Oct 11, 2007 Oct 15, 2007 Oct 29, 2007
$0.8250 Q Regular N/A Jul 12, 2007 Jul 16, 2007 Jul 30, 2007
$0.8250 Q Regular N/A Apr 12, 2007 Apr 16, 2007 Apr 30, 2007
$0.7700 Q Regular N/A Dec 13, 2006 Dec 15, 2006 Dec 29, 2006
$0.7700 Q Regular N/A Oct 12, 2006 Oct 16, 2006 Oct 30, 2006
$0.7700 Q Regular N/A Jul 13, 2006 Jul 17, 2006 Jul 31, 2006
$0.7700 Q Regular N/A Apr 11, 2006 Apr 15, 2006 Apr 28, 2006
$0.7325 Q Regular N/A Dec 13, 2005 Dec 15, 2005 Dec 29, 2005
$0.7325 Q Regular N/A Oct 13, 2005 Oct 17, 2005 Oct 31, 2005
$0.7325 Q Regular N/A Jul 13, 2005 Jul 15, 2005 Jul 29, 2005
$0.7325 Q Regular N/A Apr 13, 2005 Apr 15, 2005 Apr 29, 2005
$0.6975 Q Regular N/A Dec 13, 2004 Dec 15, 2004 Dec 29, 2004
$0.6975 Q Regular N/A Oct 13, 2004 Oct 15, 2004 Oct 29, 2004
$0.6975 Q Regular N/A Jul 13, 2004 Jul 15, 2004 Jul 29, 2004
$0.6975 Q Regular N/A Apr 13, 2004 Apr 15, 2004 Apr 29, 2004
$0.6625 Q Regular N/A Dec 11, 2003 Dec 15, 2003 Dec 29, 2003
$0.6625 Q Regular N/A Oct 10, 2003 Oct 15, 2003 Oct 29, 2003
$0.6625 Q Regular N/A Jul 11, 2003 Jul 15, 2003 Jul 29, 2003
$0.6625 Q Regular N/A Apr 11, 2003 Apr 15, 2003 Apr 29, 2003
$0.6300 Q Regular N/A Dec 12, 2002 Dec 16, 2002 Dec 30, 2002
$0.6300 Q Regular N/A Oct 10, 2002 Oct 15, 2002 Oct 29, 2002
$0.6300 Q Regular N/A Jul 11, 2002 Jul 15, 2002 Jul 29, 2002
$0.6300 Q Regular N/A Apr 11, 2002 Apr 15, 2002 Apr 29, 2002
$0.6125 Q Regular N/A Dec 13, 2001 Dec 17, 2001 Dec 31, 2001
$0.6125 Q Regular N/A Oct 11, 2001 Oct 15, 2001 Oct 29, 2001
$0.6125 Q Regular N/A Jul 12, 2001 Jul 16, 2001 Jul 30, 2001
$0.6125 Q Regular N/A Apr 11, 2001 Apr 16, 2001 Apr 30, 2001
$0.6000 Q Regular N/A Dec 27, 2000 Dec 29, 2000 Jan 12, 2001
$0.6000 Q Regular N/A Oct 12, 2000 Oct 16, 2000 Oct 30, 2000
$0.6000 Q Regular N/A Jul 13, 2000 Jul 17, 2000 Jul 31, 2000
$0.7704 Q Regular N/A Apr 12, 2000 N/A N/A
$0.7319 Q Regular N/A Dec 29, 1999 N/A N/A
$0.5650 Q Regular N/A Oct 13, 1999 N/A N/A
$0.5521 Q Regular N/A Jul 13, 1999 N/A N/A
$0.5393 Q Regular N/A Apr 13, 1999 N/A N/A
$0.5264 Q Regular N/A Dec 29, 1998 N/A N/A
$0.4879 Q Regular N/A Oct 13, 1998 N/A N/A
$0.4494 Q Regular N/A Jul 08, 1998 N/A N/A
$18.6180 Q Special N/A Dec 06, 1993 N/A N/A

Peer Comparison

Selected REIT - Diversified dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
EPRT Essential Properties Realty Trust, Inc. 4.79% 5.3% 6 yrs 79
AAT American Assets Trust, Inc. 6.09% 6.3% 5 yrs 71
BNL Broadstone Net Lease, Inc. 6.72% N/A 4 yrs 70
WPC W. P. Carey Inc. 5.86% -2.8% 1 yr 68

SAFE dividend — frequently asked questions

Does Safehold Inc. pay a dividend?

Yes. Safehold Inc. (SAFE) currently pays a dividend. The annualized dividend is about $0.71 per share, a yield of approximately 6.24%.

What is Safehold Inc.'s dividend yield?

Safehold Inc.'s dividend yield is approximately 6.24%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Safehold Inc. pay dividends?

Safehold Inc. pays dividends quarterly — 4 times per year.

How long has Safehold Inc. paid dividends?

Safehold Inc. has 32 years of dividend payments on record.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.