How Many SAFE Shares for $500 or $1,000 a Month?
At $0.71 a share a year, $500 a month takes about 8,475 SAFE shares, about $87,971 at the Nov 11, 2026 close of $10.38. $1,000 a month takes about 16,950 shares, about $175,941. Before taxes, and only while the rate holds.
Safehold (SAFE) pays $0.177 a share quarterly, $0.71 a year, a 6.82% run-rate yield at the Nov 11, 2026 close of $10.38. It has made 42 dividend payments since 1993.
At today’s rate of $0.177 quarterly and the last close of $10.38, this is what SAFE pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.177 | $0.06 | $0.71 |
| 100 shares | $17.70 | $5.90 | $70.80 |
| $10,000 invested (963.4 shares) | $170.52 | $56.84 | $682.08 |
| 8,475 shares ($500/mo) | $1,500.08 | $500.03 | $6,000.30 |
| 16,950 shares ($1,000/mo) | $3,000.15 | $1,000.05 | $12,000.60 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 SAFE shares reinvest into 1.71 new shares each payment, about 7.0 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 59 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with SAFE’s own history in the SAFE DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (cash flow): does cash from the business cover the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
SAFE Dividend Yield Today vs Its 5-Year Range
- SAFE yields 6.82% today, at the Nov 11, 2026 close of $10.38.
- Its own 3-year median is 3.88%, so today’s yield is well above its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 3 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is SAFE’s Next Dividend? Ex-Date and Pay Date After October 2026
SAFE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 30, 2026, with the cash around Jan 1, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.177 a share, went ex on Sep 30, 2026 and paid Oct 2, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 2 days after the ex-date
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does SAFE Pay?
SAFE pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
- Streak: 0 years of higher annual totals (through 2025)
- Last change: cut Dec 29, 2022 - $0.3546 to $0.177 (-50.09%)
- Last raise: May 28, 2021 - $0.3121 to $0.3546 (+$0.0426, +13.64%)
- Usual $ step: $0.0284 (median of the raises before it)
- FFO payout (approx.): 40.6% - $0.71 paid / $1.74 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
- Cash-flow payout: 137.2% - $0.71 paid / $0.52 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 98.6% (median of 12 earlier trailing years)
- GAAP EPS payout (context): 43.7% - $0.71 paid / $1.62 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
SAFE vs Similar Dividend Stocks (JBGS, CLDT...)
Against the 10 dividend-paying Real Estate companies closest to SAFE in market value, SAFE’s 6.82% run-rate yield is above the group’s middle yield of 5.02%, and its raise streak of 0 years is the 5th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | No cut ⓘ |
|---|---|---|---|---|
| SAFE $10.38Safehold | $0.177/qtr$0.71/yr fwd | 6.82% | Dividend Safety Rating: paid plans only | 3 yrsno raise streak |
| JBGS $12.23JBG SMITH Properties | $0.175/qtr$0.70/yr fwd | 5.72% | Dividend Safety Rating: paid plans only | 2 yrsno raise streak |
| CLDT $16.30Chatham Lodging Trust | $0.10/qtr$0.40/yr fwd | 2.45% | Dividend Safety Rating: paid plans only | 2+ yrsraised 1 yr in a row |
| CTO $20.43CTO Realty Growth | $0.38/qtr$1.52/yr fwd | 7.44% | Dividend Safety Rating: paid plans only | 15 yrsno raise streak |
| SVC $5.47Service Properties Trust | $0.05/qtr$0.20/yr fwd | 3.66% | Dividend Safety Rating: paid plans only | 1 yrno raise streak |
| INN $7.44Summit Hotel Properties | $0.08/qtr$0.32/yr fwd | 4.30% | Dividend Safety Rating: paid plans only | 2+ yrsraised 2 yrs in a row |
| PSTL $22.71Postal Realty Trust | $0.245/qtr$0.98/yr fwd | 4.32% | Dividend Safety Rating: paid plans only | 5+ yrsraised 5 yrs in a row |
| PMT $7.87PennyMac Mortgage Investment Trust | $0.40/qtr$1.60/yr fwd | 20.33% | Dividend Safety Rating: paid plans only | 3 yrsno raise streak |
| MFA $5.97MFA Financial | $0.36/qtr$1.44/yr fwd | 24.12% | Dividend Safety Rating: paid plans only | 5 yrsraised 1 yr in a row |
| MFAO $24.55MFA Financial, Inc. 9.000% Senior Notes | $0.563/qtr$2.25/yr fwd | 9.17% | Dividend Safety Rating: paid plans only | —no raise streak |
| FISK $5.03Empire State Realty OP, L.P. | $0.035/qtr$0.14/yr fwd | 2.78% | Dividend Safety Rating: paid plans only | 5 yrsno raise streak |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: SAFE vs JBGS, SAFE vs CLDT, SAFE vs CTO.
SAFE Dividend History: Every Payment Since 1993
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Sep 30, 2026 | Oct 2, 2026 | $0.177 | Quarterly | Regular |
| Jun 30, 2026 | Jul 2, 2026 | $0.177 | Quarterly | Regular |
| Mar 31, 2026 | Apr 2, 2026 | $0.177 | Quarterly | Regular |
| Dec 30, 2025 | Jan 1, 2026 | $0.177 | Quarterly | Regular |
| Sep 30, 2025 | Oct 2, 2025 | $0.177 | Quarterly | Regular |
| Jun 30, 2025 | Jul 2, 2025 | $0.177 | Quarterly | Regular |
| Mar 31, 2025 | Apr 2, 2025 | $0.177 | Quarterly | Regular |
| Dec 30, 2024 | Jan 1, 2025 | $0.177 | Quarterly | Regular |
| Sep 30, 2024 | Oct 2, 2024 | $0.177 | Quarterly | Regular |
| Jun 28, 2024 | Jul 1, 2024 | $0.177 | Quarterly | Regular |
| Mar 27, 2024 | Mar 29, 2024 | $0.177 | Quarterly | Regular |
| Dec 28, 2023 | Jan 1, 2024 | $0.177 | Quarterly | Regular |
| Sep 28, 2023 | Oct 2, 2023 | $0.177 | Quarterly | Regular |
| Jun 29, 2023 | Jul 3, 2023 | $0.177 | Quarterly | Regular |
| Mar 29, 2023 | Mar 31, 2023 | $1.1063 | Quarterly | Special |
| Dec 29, 2022 | Jan 13, 2023 | $0.177 | Quarterly | Regular |
| Aug 31, 2022 | Sep 15, 2022 | $0.3546 | Quarterly | Regular |
| May 31, 2022 | Jun 15, 2022 | $0.3546 | Quarterly | Regular |
| Feb 28, 2022 | Mar 15, 2022 | $0.3546 | Quarterly | Regular |
| Nov 30, 2021 | Dec 15, 2021 | $0.3546 | Quarterly | Regular |
| Aug 31, 2021 | Sep 15, 2021 | $0.3546 | Quarterly | Regular |
| May 28, 2021 | Jun 15, 2021 | $0.3546 | Quarterly | Regular |
| Feb 26, 2021 | Mar 15, 2021 | $0.3121 | Quarterly | Regular |
| Nov 30, 2020 | Dec 15, 2020 | $0.3121 | Quarterly | Regular |
| Aug 31, 2020 | Sep 15, 2020 | $0.3121 | Quarterly | Regular |
| May 29, 2020 | Jun 15, 2020 | $0.3121 | Quarterly | Regular |
| Feb 28, 2020 | Mar 16, 2020 | $0.2837 | Quarterly | Regular |
| Nov 15, 2019 | Dec 2, 2019 | $0.2837 | Quarterly | Regular |
| Aug 14, 2019 | Aug 30, 2019 | $0.2837 | Quarterly | Regular |
| May 14, 2019 | May 31, 2019 | $0.2837 | Quarterly | Regular |
| Mar 1, 2019 | Mar 15, 2019 | $0.2553 | Quarterly | Regular |
| Nov 14, 2018 | Nov 30, 2018 | $0.2553 | Quarterly | Regular |
| Aug 14, 2018 | Aug 31, 2018 | $0.2553 | Annual | Regular |
| Apr 12, 2000 | Apr 19, 2000 | $3.75 | Quarterly | Special |
| Dec 29, 1999 | Jan 5, 2000 | $3.5625 | Quarterly | Regular |
| Oct 13, 1999 | Oct 20, 1999 | $2.75 | Quarterly | Regular |
| Jul 13, 1999 | Jul 20, 1999 | $2.6875 | Quarterly | Regular |
| Apr 13, 1999 | Apr 20, 1999 | $2.625 | Quarterly | Regular |
| Dec 29, 1998 | Jan 5, 1999 | $2.5625 | Quarterly | Regular |
| Oct 13, 1998 | Oct 20, 1998 | $2.375 | Quarterly | Regular |
| Jul 8, 1998 | Jul 15, 1998 | $2.1875 | Annual | Regular |
| Dec 6, 1993 | Dec 13, 1993 | $543.75 | Quarterly | Special |
What the Dividend Safety Rating Means for SAFE
SAFE Dividend Questions
How often does SAFE pay dividends?
SAFE pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
Does SAFE pay dividends monthly?
No. SAFE pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next SAFE dividend?
SAFE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 30, 2026, with the cash around Jan 1, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.177 a share, went ex on Sep 30, 2026 and paid Oct 2, 2026. The current rate is $0.177 per share, $0.71 a year.
Does SAFE pay a dividend in January 2027?
Not declared yet. By its usual rhythm the next ex-date falls around Dec 30, 2026, with the cash around Jan 1, 2027, so a payment in January 2027 is likely. Only the company’s declaration makes it final.
How much does SAFE pay per share?
SAFE pays $0.177 a share quarterly, $0.71 a year. At the Nov 11, 2026 close of $10.38 that is a 6.82% run-rate yield, well above its usual level: its own 3-year median is 3.88%.
Has SAFE raised its dividend?
SAFE has no current streak of yearly raises. The latest raise, on May 28, 2021, took the rate from $0.3121 to $0.3546 (+13.64%). Since then the rate was cut on Dec 29, 2022, from $0.3546 to $0.177. Over five years the dividend grew -12.8% a year.
Is SAFE’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. SAFE paid out 137% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has gone 3 years without a cut. This is data, not investment advice. The full 11-check rating comes with a plan.
How do I track my SAFE dividends?
Add SAFE to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run SAFE in the DRIP calculator.