SAFE Dividend History & Analysis | 4.9% Yield

SAFE has a dividend yield of 4.9% and paid 0.71 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.85%
Payout Ratio 43.7%
Growth Rate CAGR 5y -19.8%
Consistency Lifetime 90.4%
Yield on Cost 5y 1.4%
Payout FCF 168.1%
Streak Years 1
Dividend Rating 5.4%
Chowder Number yield + growth -14.9% below 12% target for healthy growth
Yield vs Average 5y +40.8% avg 3.44% vs now 4.85%
Debt / EBITDA leverage 13.7x elevated
Income per 10k invested 485 USD per year
Dividends Cash Amount per Share Yearly SAFE annual dividends paid per share, showing the total cash Safehold distributed to shareholders each year.
Dividend Growth Year over Year SAFE year-over-year dividend growth rate, showing how Safehold's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History SAFE dividend yield history versus share price over the past 5 years, showing how Safehold's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Other Specialized REITs

Top 9 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MRP NYSE
Millrose Properties
4,711 M 10.26% 15.78%
EPR NYSE
EPR Properties
4,555 M 6.63% 10.37%
GLPI NASDAQ
Gaming & Leisure Properties
12,585 M 6.85% 9.48%
VICI NYSE
VICI Properties
28,551 M 6.31% 7.77%
FCPT NYSE
Four Corners Property Trust
2,739 M 6.07% 6.78%
LAMR NASDAQ
Lamar Advertising
15,747 M 4.91% 8.39%
OUT NYSE
Outfront Media
5,953 M 4.94% 7.63%
IRM NYSE
Iron Mountain
36,152 M 3.33% 9.70%
FPI NYSE
Farmland
426 M 4.97% 5.27%
Top 9 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MRP NYSE
Millrose Properties
4,711 M 54.95% 100.0%
IRM NYSE
Iron Mountain
36,152 M 8.81% 98.6%
LAMR NASDAQ
Lamar Advertising
15,747 M 8.32% 99.2%
VICI NYSE
VICI Properties
28,551 M 5.63% 100.0%
EPR NYSE
EPR Properties
4,555 M 3.01% 100.0%
FCPT NYSE
Four Corners Property Trust
2,739 M 2.31% 100.0%
GLPI NASDAQ
Gaming & Leisure Properties
12,585 M 6.11% 98.6%
OUT NYSE
Outfront Media
5,953 M 8.46% 85.4%
FPI NYSE
Farmland
426 M 9.87% 88.6%

SAFE Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.10% 20
Mar 1.11% 80
Apr - -
May 0.14% 20
Jun 0.78% 80
Jul - -
Aug 0.27% 40
Sep 0.57% 60
Oct - -
Nov 0.11% 20
Dec 0.73% 80

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-15 Quarterly 0.177 0% 1.1%
2026-03-31 2026-03-31 2026-04-15 Quarterly 0.177 0% 1.29%
2025-12-30 2025-12-30 2026-01-15 Quarterly 0.177 0% 1.31%
2025-09-30 2025-09-30 2025-10-15 Quarterly 0.177 0% 1.15%
2025-06-30 2025-06-30 2025-07-15 Quarterly 0.177 0% 1.13%
2025-03-31 2025-03-31 2025-04-15 Quarterly 0.177 0% 0.98%
2024-12-30 2024-12-30 2025-01-15 Quarterly 0.177 0% 0.95%
2024-09-30 2024-09-30 2024-10-15 Quarterly 0.177 0% 0.68%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.177 0% 0.91%
2024-03-27 2024-03-28 2024-04-15 Quarterly 0.177 0% 0.89%
2023-12-28 2023-12-29 2024-01-16 Quarterly 0.177 0% 0.77%
2023-09-28 2023-09-29 2023-10-13 Quarterly 0.177 0% 1.02%
2023-06-29 2023-06-30 2023-07-14 Quarterly 0.177 +71.5% 0.78%
2023-03-29 2023-03-30 2023-03-30 Quarterly 0.1032 +264.4% 2.41%
2022-12-29 2022-12-30 2023-01-13 0.0283 -50.1% 0.64%
2022-08-31 2022-09-01 2022-09-15 Quarterly 0.0567 0% 0.88%
2022-05-31 2022-06-01 2022-06-15 Quarterly 0.0567 0% 0.72%
2022-02-28 2022-03-01 2022-03-15 Quarterly 0.0567 0% 0.52%
2021-11-30 2021-12-01 2021-12-15 Quarterly 0.0567 0% 0.53%
2021-08-31 2021-09-01 2021-09-15 Quarterly 0.0567 0% 0.47%

SAFE Dividend FAQ

What is the Dividend Yield of SAFE?

As of July 2026, SAFE's dividend yield is 4.85%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.71 USD by the current share price of 17.17.

Does SAFE pay a dividend?

As of July 2026, SAFE paid a dividend of 0.71 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.177 USD.

How often does SAFE pay dividends?

SAFE pays dividends quarterly. Over the last 12 months, SAFE has issued 4 dividend payments. The last dividend payment was made on 2026-06-30.

SAFE dividend forecast

Based on historical data, the forecasted dividends per share for SAFE for the next payments are between 0.06 (-66.1%) and 0.132 (-25.4%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 2.31%.

Will SAFE pay dividends in 2026?

The latest dividend paid per share was 0.177 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Safehold (SAFE) is currently unknown.

What is the next Ex-Dividend Date for SAFE?

The next Ex-Dividend date for Safehold (SAFE) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SAFE?

SAFE's average dividend growth rate over the past 5 years is -19.8% per year. Negative growth: SAFE's dividend growth is negative and declining.

What is the Yield on Cost of SAFE?

SAFE's 5-Year Yield on Cost is 1.36%. If you bought SAFE's shares at 51.94 USD five years ago, your current annual dividend income (0.71 USD per share, trailing 12 months) equals 1.36% of your original purchase price.

What is the Payout Consistency of SAFE?

SAFE Payout Consistency is 90.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Safehold has a strong track record of consistent dividend payments over its lifetime.

Does SAFE have a good Dividend Yield?

SAFE's 4.85% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of SAFE?

The Dividend Payout Ratio of SAFE is 43.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of SAFE?

SAFE's Overall Dividend Rating is 5.42%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SAFE Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in SAFE's Outstanding Shares?

Safehold's outstanding shares have increased by approximately 0.54% annually over the past 3 years (Trend Reliability: 97.2%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has SAFE ever had a Stock Split?

Yes, the last stock split was on Mar 31, 2023 with a ratio of 16:100. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1989 101,900 0%
1990 101,900 0%
1991 101,900 0%
1992 101,900 0%
1993 101,900 0%
1994 101,900 0%
1995 101,900 0%
1996 201,700 +97.94%
1997 301,400 +49.43%
1998 9,118,000 +2925.22%
1999 9,664,000 +5.99%
2000 13,700,700 +41.77%
2001 13,786,000 +0.62%
2002 14,381,800 +4.32%
2003 16,050,200 +11.6%
2004 17,632,800 +9.86%
2005 18,002,100 +2.09%
2006 18,403,700 +2.23%
2007 20,288,200 +10.24%
2008 20,984,500 +3.43%
2009 16,011,400 -23.7%
2010 14,919,000 -6.82%
2011 14,190,100 -4.89%
2012 13,387,800 -5.65%
2013 13,538,700 +1.13%
2014 13,630,100 +0.68%
2015 15,956,300 +17.07%
2016 18,190,000 +14%
2017 10,912,000 -40.01%
2018 18,218,000 +66.95%
2019 31,008,000 +70.21%
2020 50,697,000 +63.5%
2021 54,180,000 +6.87%
2022 13,872,600 -74.4%
2023 71,115,000 +412.63%
2024 71,451,000 +0.47%
2025 71,866,000 +0.58%
2026 71,975,000 +0.15%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-08 02:37 UTC