SAFE Safehold Inc. — dividend yield, history & ex-dividend dates
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
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.
How the Dividend Safety Score is built for SAFE
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 103% (TTM to Jun 30, 2026) | 25 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 13.7x (TTM to Jun 30, 2026) | 0 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 1.6x (TTM to Jun 30, 2026) | 18 | 15% |
| Dividend record | 9 years of uninterrupted regular payments; last cut Aug 31, 2022 (-22.3%), within 10 years: capped at 50 | 50 | 20% |
| Operating cash flow stability | Operating 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
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR -3.0% (2020–2025) | 10 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom 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 growth | N/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
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 100th percentile of its 98 month-end yields | 100 | 40% |
| P/OCF vs own 5-year median | P/OCF 21.8 is 0.62x its 5-year median of 34.9 | 98 | 25% |
| Operating cash flow yield | Operating cash flow yield 4.6% (TTM to Jun 30, 2026) | 26 | 20% |
| P/OCF vs peers | P/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
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
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
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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| 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 |
Related Guides & Lists
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.