Safehold (SAFE) Dividend Coverage Ratio (2018 - 2026)
Safehold's (SAFE) Dividend Coverage Ratio stood at 2.29 in Q3 2026, down 0.9% from 2.31 a year earlier and down 0.7% from the prior quarter.
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Analysis
Safehold (SAFE) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
On a TTM basis, Safehold's Dividend Coverage Ratio came in at 2.27 as of Sep 30, 2026, up 2.3% year-over-year; for FY2025, it was 2.25, up 7.5% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 2.09 in FY2024, -1.19 in FY2023, 4.48 in FY2022 (+113.1%) and 2.10 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from -10.87 in Q3 2023 to 68.21 in Q1 2022 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last eight quarters, with growth averaging 1.5%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 50.8% in Q3 2025, against a decline of 99.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.30 (Q2 2026), 2.27 (Q1 2026) and 2.20 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 3.97 |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 9.20 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 0.53 |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 0.24 |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 0.53 |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 0.73 |
| 10 | Safehold | 696.84 Mn | 806.74 Mn | 117.89 Mn | 2.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.29 |
| Jun 30, 2026 | 2.30 |
| Mar 31, 2026 | 2.27 |
| Dec 31, 2025 | 2.20 |
| Sep 30, 2025 | 2.31 |
| Jun 30, 2025 | 2.17 |
| Mar 31, 2025 | 2.32 |
| Dec 31, 2024 | 2.06 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 2.33 |
| Mar 31, 2024 | 2.44 |
| Dec 31, 2023 | 3.27 |
| Sep 30, 2023 | -10.87 |
| Mar 31, 2023 | 0.21 |
| Sep 30, 2022 | 6.10 |
| Jun 30, 2022 | 2.17 |
| Mar 31, 2022 | 68.21 |
| Dec 31, 2021 | 0.82 |
| Sep 30, 2021 | 13.78 |
| Jun 30, 2021 | -2.15 |
API Access
Safehold Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SAFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "SAFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();