Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend

Rhea-AI Summary

Cousins Properties (NYSE: CUZ) has declared a cash dividend of $0.32 per common share for the third quarter of 2024. The dividend will be paid on October 15, 2024 to shareholders of record as of October 3, 2024. This announcement demonstrates Cousins Properties' commitment to returning value to its shareholders through regular dividend payments. The consistency in dividend distribution can be seen as a positive signal for investors, potentially indicating the company's financial stability and confidence in its future performance.

Positive

• Consistent dividend payment, indicating financial stability
• $0.32 per share dividend maintains shareholder returns

Negative

• None.

ATLANTA, Sept. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.32 per common share for the third quarter of 2024.  The third quarter dividend will be payable on October 15, 2024 to common shareholders of record on October 3, 2024. 

About Cousins Properties

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments. For more information, please visit www.cousins.com.

This press release does not constitute an offer of any securities for sale. Certain matters discussed in this press release are forward-looking statements within the meaning of the federal securities laws and are subject to uncertainties and risk and actual results may differ materially from projections. Readers should carefully review Cousins' financial statements and notes thereto, as well as the risk factors described in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and other documents Cousins files from time to time with the Securities and Exchange Commission. Such forward-looking statements are based on current expectations and speak as of the date of such statements. Cousins undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

CONTACT: 
Roni Imbeaux
Vice President, Finance and Investor Relations
404-407-1104
rimbeaux@cousins.com

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SOURCE Cousins Properties

FAQ

What is the dividend amount for Cousins Properties (CUZ) for Q3 2024?

Cousins Properties (CUZ) has declared a cash dividend of $0.32 per common share for the third quarter of 2024.

When will Cousins Properties (CUZ) pay its Q3 2024 dividend?

Cousins Properties (CUZ) will pay its third quarter 2024 dividend on October 15, 2024.

What is the record date for Cousins Properties' (CUZ) Q3 2024 dividend?

The record date for Cousins Properties' (CUZ) third quarter 2024 dividend is October 3, 2024.

Has Cousins Properties (CUZ) changed its dividend amount for Q3 2024?

The press release does not indicate any change in the dividend amount. Cousins Properties (CUZ) has declared a $0.32 per share dividend for Q3 2024.