Highwoods Properties Announces Attractive Dividend Payments
Highwoods Properties Declares Quarterly Dividends
Highwoods Properties, Inc. (NYSE:HIW) has made a significant announcement regarding its quarterly dividends. The company’s Board of Directors has declared a cash dividend of $0.50 per share for the quarter ending September 30, reflecting an annualized dividend of $2.00 per share. This dividend is set to be paid on December 10 to all shareholders of record as of November 18.
Details of the Preferred Stock Dividend
In addition to the common stock dividend, Highwoods has also declared a dividend of $21.5625 per share for its 8 5/8% Series A Cumulative Redeemable Preferred Stock. This payment will occur on December 2 for shareholders on record as of November 15, continuing the company’s tradition of rewarding its investors.
About Highwoods Properties
Headquartered in Raleigh, Highwoods Properties, Inc. is a fully integrated office real estate investment trust (REIT) that operates in some of the most sought-after business districts throughout the southern and southeastern United States. Focused on creating exceptional work environments, Highwoods aims to foster collaboration among tenants, enhancing productivity and satisfaction.
Strategic Vision and Commitment
At Highwoods, the belief in placemaking goes beyond mere property management; it’s about crafting environments where businesses can thrive. This commitment to workplace innovation aims to deliver enhanced value for customers while improving the experiences of their teams. By aligning with businesses in vibrant districts, Highwoods continues to position itself as a leader in the real estate market.
Contact Information
If you have any inquiries regarding Highwoods Properties, feel free to reach out to Hannah True, who is the Manager of Finance and Corporate Strategy. You can contact her at 919-872-4924 or via email at [email protected].
Frequently Asked Questions
What is the amount of the cash dividend declared by Highwoods?
Highwoods has declared a cash dividend of $0.50 per share for its common stock, translating to an annualized amount of $2.00.
When is the dividend payment date?
The dividend payment date for the common stock is set for December 10, and for the preferred stock, it is December 2.
Who qualifies to receive the dividend?
Shareholders must be on record as of November 18 to receive the common stock dividend and November 15 for the preferred stock dividend.
What type of company is Highwoods Properties?
Highwoods Properties, Inc. is a fully integrated office real estate investment trust (REIT) focusing on properties in key business districts.
How does Highwoods contribute to the workplace?
Highwoods focuses on creating optimal work environments to enhance collaboration and productivity for its tenants, thereby delivering additional value to their businesses.
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