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Safehold Inc. (SAFE) logo

Safehold Inc.

S&P 500

SAFE/Real Estate · REIT - Diversified/NYSE

Dividend Yield

4.65%

$0.71 · Annual Dividend

Stock Price$15.69P/E9.7MCap1.1BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

56/ 100Caution

SAFE's dividend shows some areas that warrant monitoring. Strengths include a 41.3% ffo payout ratio & 39.0x current ratio. Areas of concern: 168.1% fcf payout ratio & 143.8% cfo payout ratio. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 14 of 15 metrics

Strengths

  • FFO Payout Ratio: 41.3%Dividends are well covered by funds from operations (FFO).
  • Current Ratio: 39.0xStrong short-term liquidity to meet obligations.
  • Operating Margin: 72.3%Healthy operating margin provides a wide buffer.

Risks

  • FCF Payout Ratio: 168.1%Free cash flow is tight relative to the dividend.
  • CFO Payout Ratio: 143.8%Operating cash flow leaves little room for the payout.
  • 5-Year Dividend CAGR: -45.4%Dividend growth has been weak or negative.

Payout & Coverage

Warning
41.3%Very Safe
168.1%Danger
143.8%Danger

Balance Sheet

Very Safe

Profitability

Safe
4.7%Warning
72.3%Very Safe
87.8%Very Safe

Dividend Track Record

Caution
9+ yrsSafe
NoneVery Safe
Mostly StableCaution

About Safehold Inc.

Safehold Inc. operates as a real estate investment trust (REIT) specializing in owning, managing, and providing ground leases for real estate assets across the United States. Its core purpose is to transform ground leases into a more efficient and widely utilized capital solution for building owners, enabling them to unlock significant value from their property holdings. Safehold primarily focuses on properties located in key economic centers, impacting sectors like commercial, multi-family housing, and mixed-use developments. By holding and managing the land beneath valuable real estate properties, Safehold offers a unique avenue for investors to gain exposure to long-term, stable cash flows and potential capital appreciation. As a pioneer in the modern ground lease sector, Safehold plays a crucial role in expanding financial flexibility for property owners while providing investors with access to innovative investment opportunities.

Dividend Overview

Dividend Yield

4.65%

Annual Dividend

$0.71

Frequency

Quarterly

Payout Ratio

44.81%

FCF Payout Ratio

168.13%

52-Week Range

$12.76 - $17.16

Dividend History (2016–2025)

SAFE annual dividend per share and yield history

Earnings & Profitability

SAFE earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 30, 2026

Next Payment Date

July 15, 2026

Dividend Growth

3-Year Dividend CAGR

-60.41%

5-Year Dividend CAGR

-45.41%

10-Year Dividend CAGR

N/A

3-Year Total Growth

-93.79%

5-Year Total Growth

-95.15%

10-Year Total Growth

N/A

Income Calculator

SAFE Dividend Calculator

Total Investment

$1,569.00

Annual Income

$70.80

Quarterly Income

$17.70

Monthly Income

$5.90

Frequently Asked Questions

What is SAFE's current dividend yield?
Safehold Inc. (SAFE) currently has a dividend yield of 4.65%, based on a stock price of $15.69 and an annual dividend of $0.71.
When is SAFE's next dividend payment date?
SAFE's next ex-dividend date is 2026-06-30 and the next payment date is 2026-07-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SAFE pay in dividends per year?
Safehold Inc. paid $0.71 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SAFE been increasing its dividend?
Safehold Inc. has grown its dividend at a 5-year CAGR of -45.41%.
Is SAFE's dividend safe?
Safehold Inc. has a payout ratio of 44.81%. Its free cash flow payout ratio is 168.13%. A payout ratio below 60% is generally considered sustainable.
How is SAFE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Safehold Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.