Highwoods Properties Declares Quarterly Dividends
Highwoods Properties, Inc. is pleased to announce that its Board of Directors has declared a cash dividend of $0.50 per share for common stock. This announcement is for the quarter ending September 30 in the current year. This equates to an annualized dividend of $2.00 per share, demonstrating the company’s commitment to returning value to its shareholders.
Key Dividend Details
The declared dividend will be payable on December 10 to all shareholders who are on record as of November 18. This consistent dividend payout aligns with the company's goal of rewarding its investors and maintaining strong shareholder relations.
Preferred Stock Dividend
In addition to the common stock dividend, Highwoods Properties has also declared a cash dividend of $21.5625 per share for its Series A Cumulative Redeemable Preferred Stock. This payment is scheduled for December 2 to shareholders of record by November 15, further showcasing the company's commitment to its preferred investors.
About Highwoods Properties, Inc.
Highwoods Properties, Inc. is a fully-integrated office real estate investment trust, or REIT, that specializes in owning, developing, acquiring, and managing properties primarily located in prime business districts across several major cities including Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. This approach emphasizes Highwoods' commitment to workplace environments designed to foster collaboration and productivity.
Creating Value Through Workplace Innovation
The company believes that by crafting spaces where talented individuals can come together, it can achieve remarkable outcomes. Highwoods thrives on enhancing workspaces that not only support business goals but also uplift the experiences of those who work within them. This innovative mindset is part of its core philosophy and operational strategy.
Company Contact Information
For more information, interested parties can reach out to:
Hannah True
Manager of Finance and Corporate Strategy
Email: hannah.true@highwoods.com
Phone: 919-872-4924
Frequently Asked Questions
What is the amount of the declared dividend for common stock?
The declared dividend for common stock is $0.50 per share.
When will the dividends be paid?
The dividends for common stock will be paid on December 10, while the preferred stock dividends are payable on December 2.
What is Highwoods Properties, Inc.?
Highwoods Properties, Inc. is a publicly-traded real estate investment trust that focuses on office properties in major metropolitan areas.
How can I contact Highwoods Properties?
You can contact Highwoods Properties through Hannah True at 919-872-4924 or via email.
Where can I find more information about Highwoods?
Additional information can be found on the company’s official website at www.highwoods.com.
