Safety Income & Growth (SAFE) Receiving Somewhat Positive Press Coverage, Report Shows
Media coverage about Safety Income & Growth (NYSE:SAFE) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Safety Income & Growth earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.0413489464894 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Safety Income & Growth (NYSE:SAFE) opened at $16.53 on Monday. Safety Income & Growth has a one year low of $16.25 and a one year high of $20.00.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.63%. The ex-dividend date was Thursday, December 28th.
In related news, major shareholder Istar Inc. purchased 24,859 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were acquired at an average price of $18.33 per share, for a total transaction of $455,665.47. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders acquired 918,386 shares of company stock worth $16,483,812.
About Safety Income & Growth
Safety, Income and Growth, Inc is formed primarily to acquire, own, manage, finance and capitalize ground net leases (GNLs). The Company’s portfolio consists of 12 properties, which includes Doubletree Seattle Airport, One Ally Center, Hilton Salt Lake, Doubletree Mission Valley, Doubletree Sonoma, Doubletree Durango, Dallas Market Center: Sheraton Suites, Northside Forsyth Hospital Medical Center, NASA/JPSS Headquarters, The Buckler Apartments, Dallas Market Center: Marriott Courtyard and Lock Up Self Storage Facility.
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