Cousins Properties Declares Q3 2024 Dividend for Shareholders
Cousins Properties Dividend Announcement
Cousins Properties has announced an exciting update regarding its financial strategy and shareholder returns. The company declared a dividend of $0.32 per common share for the third quarter of 2024. This decision was made by the Board of Directors, showcasing the firm’s commitment to delivering value to its shareholders.
Details of the Dividend Distribution
The third quarter dividend is set to benefit common shareholders who are on the books as of October 3, 2024. This dividend will be payable to shareholders on October 15, 2024. Such timely declarations can boost investor confidence, reflecting strong operational performance in the competitive real estate market.
Understanding Cousins Properties
Cousins Properties is a self-managed and fully integrated real estate investment trust (REIT) with a strong focus on high-quality Class A office buildings. It operates primarily in high-growth Sun Belt markets, positioning itself strategically for considerable long-term returns. Founded in 1958, it has developed a reputation for excellence in developing, acquiring, and managing premium real estate assets.
Company's Strategy and Focus Areas
The company follows a simple yet effective strategy of focusing on trophy assets and pursuing opportunistic investments. This allows Cousins Properties to create significant shareholder value, even in fluctuating markets. Their expertise and long-standing presence in the real estate sector inspire confidence among investors seeking stable growth.
Contact Information
Cousins Properties maintains an open channel of communication for its investors and interested parties. Roni Imbeaux, the Vice President of Finance and Investor Relations, can be reached at 404-407-1104. For inquiries, stakeholders are welcome to reach out via email at rimbeaux@cousins.com.
Conclusion on Investment Opportunities
The recent announcement regarding the dividend for Q3 2024 illustrates Cousins Properties' ongoing commitment to rewarding its investors. By investing in high-demand office properties, the company is positioned well for continued success and profitability. For potential investors, this could signal a great opportunity to become part of a solid and reputable enterprise.
Frequently Asked Questions
What is the dividend amount declared by Cousins Properties?
The company has declared a dividend of $0.32 per common share for the third quarter of 2024.
When will the dividend be paid?
The dividend will be payable to shareholders on October 15, 2024.
Who is eligible for the dividend payment?
Common shareholders on record as of October 3, 2024, are eligible for the dividend.
What type of properties does Cousins Properties invest in?
Cousins Properties primarily invests in Class A office buildings located in high-growth markets.
How can I contact Cousins Properties for more information?
For inquiries, you can contact Roni Imbeaux at 404-407-1104 or via email at rimbeaux@cousins.com.
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