News

Highwoods Properties Announces Quarterly Cash Dividends

Highwoods Properties Announces Quarterly Cash Dividends

Highwoods Properties Announces Quarterly Cash Dividends

Highwoods Properties, Inc. has made a significant update recently regarding its ongoing commitment to providing value to shareholders. The Company's Board of Directors has declared a cash dividend of $0.50 per share for its common stock. This decision reflects the financial strength of Highwoods and its promising strategic direction.

Details of the Dividend Declaration

This dividend pertains to the quarter ended December 31, 2024. With this declaration, shareholders can expect an annualized dividend of $2.00 per share, which speaks to Highwoods’ robust performance and the trust the Board places in the Company’s operational success. The dividend is scheduled to be distributed on March 11, 2025, to those who are on record by the cutoff date of February 18, 2025.

Preferred Stock Dividend Insights

In addition to common stock dividends, the Board also declared a cash dividend for preferred stockholders. Shareholders of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock will receive a dividend of $21.5625 per share. This is set to be paid out on February 28, 2025, to all shareholders of record as of February 18, 2025. This dual declaration showcases Highwoods' dedication to all stakeholders and its structured approach to shareholder returns.

About Highwoods Properties, Inc.

Highwoods Properties, Inc. operates as a fully-integrated office real estate investment trust (REIT). Based in a prominent business sector, the Company primarily focuses on acquiring, developing, leasing, and managing office properties in key business districts across cities like Atlanta, Charlotte, and Dallas.

The Company prides itself on being involved in work-place creation, aiming to enhance environments that nurture collaboration and innovation among businesses. Highwoods believes that fostering the right spaces leads not only to the success of their tenants but also enhances the value delivered to their shareholders. This proactive approach to real estate investment demonstrates Highwoods' commitment to excellence.

Connecting with Highwoods

For those seeking more information about Highwoods Properties, Inc., you can visit their website at www.highwoods.com.

Contact Information

Highwoods encourages communication and offers a connection to their corporate structure. Brendan Maiorana holds the position of Executive Vice President and Chief Financial Officer. He can be reached for inquiries at 919-872-4924 or via email.

Frequently Asked Questions

What is the declared dividend for common stock?

The declared dividend for common stock is $0.50 per share.

When will the dividends be paid out?

The dividends for common stock are scheduled to be paid on March 11, 2025, and preferred stock dividends on February 28, 2025.

Who is the contact person for inquiries?

Brendan Maiorana, the Executive Vice President and Chief Financial Officer, is the contact person for inquiries.

Where does Highwoods operate?

Highwoods Properties operates mainly in business districts across several cities including Atlanta, Charlotte, and Dallas.

What type of company is Highwoods Properties?

Highwoods Properties, Inc. is a publicly-traded fully-integrated office real estate investment trust (REIT).

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

IVD Reagents Market Growth Expected to Reach $55.3 Billion

Updated Category News Views 120

Growth Forecast for the IVD Reagents Market The global In Vitro Diagnostic (IVD) reagents market is on an impressive trajectory to reach nearly USD 55.3 billion by 2029. The demand for IVD reagents has surged, driven by numerous factors such as a rising prevalence of chronic and infectious diseases, alongside a growing emphasis on preventive healthcare. In 2022, the IVD...

Continue Reading
Cayuga Centers Expands Leadership Team with New Appointments

Updated Category News Views 235

Exciting Growth at Cayuga Centers With New Board Members Cayuga Centers is thrilled to announce the welcoming of nine new members to its Board of Trustees. This addition of distinguished professionals promises to enhance the agency's leadership and the resources it employs to support children, youth, and families across the nation. Each of these new board members brings a...

Continue Reading
Elements Massage Celebrates Skin Care Awareness Month with Tips

Updated Category News Views 204

Elements Massage Celebrates National Skin Care Awareness Month As National Skin Care Awareness Month comes to an end, Elements Massage, the nation's leading massage therapy concept, is highlighting skincare and wellness. Innovative Skincare Services Elements Massage has introduced enhanced skincare services in collaboration with Sanitas Skincare. This partnership marks...

Continue Reading
The Growth Journey of Danaher Stock Over the Past Decade

Updated Category News Views 106

Understanding Danaher's Stock Growth Danaher Corporation (NYSE: DHR) has consistently demonstrated robust performance in the stock market. With an average annual return of 13.82%, it has outpaced the market by 1.08% over the past decade. Currently, Danaher boasts a commendable market capitalization of $163.05 billion. Investment Insight: What If You Invested $100? Let’s...

Continue Reading
Matthew A. Cartwright Returns to Munley Law to Elevate Advocacy

Updated Category News Views 197

Matthew A. Cartwright Rejoins Munley Law as Of Counsel The six-term Congressman brings decades of legal expertise and legislative accomplishments back to the Pennsylvania personal injury law firm. MUNLEY Law is excited to announce the return of former U.S. Representative Matthew A. Cartwright as Of Counsel. Following a commendable 12 years in Congress, Cartwright brings a...

Continue Reading