Cousins Properties Declares Dividend for Q4 2024 Shareholders
Cousins Properties Announces Important Dividend News
Cousins Properties (NYSE: CUZ) has declared a cash dividend of $0.32 per common share for the fourth quarter of 2024. This announcement reflects the company's commitment to providing shareholder value through consistent dividends. The dividends will be distributed on a specified date to shareholders recorded on an earlier date.
Dividend Details You Should Know
The fourth quarter dividend is set to be paid on a date in January 2025, primarily benefiting those who hold shares as of the record date at the beginning of that month. This ensures that all eligible shareholders will receive their dividends promptly, reinforcing the company's dedication to its investors.
Understanding Cousins Properties
Cousins Properties operates as a fully integrated, self-administered real estate investment trust (REIT). The company focuses on investing in Class A office buildings within high-growth markets, primarily located in the Sun Belt regions. With its founding dating back to 1958, Cousins has built a robust portfolio and possesses extensive knowledge of development, leasing, and management of premier real estate assets.
Strategic Approach and Growth
The strategy employed by Cousins Properties involves a platform that emphasizes trophy assets alongside opportunistic investments. This method is designed to create substantial shareholder value and respond adeptly to market conditions. The ongoing evaluation of their asset portfolio enables Cousins to maintain a competitive edge within the real estate sector.
Importance of the Announcement
Dividends serve as a vital link between the company and its shareholders, marking the company’s financial health and operational success. For investors, the announcement signifies reliability and confidence in future earnings, encouraging them to maintain or increase their holdings in the company.
Focus on Market Opportunities
As Cousins Properties continues to evaluate potential opportunities in lucrative markets, their history of strategic investments positions them favorably. By leveraging their depth of experience and market insights, the company aims to maximize returns for shareholders while minimizing risks.
Contact Information for Investors
For further inquiries regarding the dividend announcement or investor relations, Roni Imbeaux serves as the Vice President, Finance and Investor Relations. She is available for communication on any investor-related matters, shedding light on any concerns shareholders may have.
Frequently Asked Questions
What is the announced dividend for Q4 2024?
The announced dividend for Cousins Properties for Q4 2024 is $0.32 per common share.
Who is eligible to receive the dividend?
Shareholders who are on record as of early January 2025 will be eligible to receive the dividend payment.
When will the dividend payment be made?
The dividend payment is scheduled for January 2025.
What type of company is Cousins Properties?
Cousins Properties is a real estate investment trust (REIT) focused on Class A office buildings in high-growth areas.
How can investors contact Cousins Properties for more information?
Investors can reach out to Roni Imbeaux, the Vice President of Finance and Investor Relations, for inquiries regarding the company or its financial performance.
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