Highwoods Declares Quarterly Dividends

Rhea-AI Summary

Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share for the quarter ending September 30, 2021, corresponding to an annualized dividend of $2.00 per share. This dividend will be payable on December 7, 2021, to all shareholders of record by November 15, 2021. Additionally, the Board announced a dividend of $21.5625 per share for the 8 5/8% Series A Preferred Stock, payable on November 30, 2021, to holders of record by November 15, 2021.

Positive

• Dividend declaration of $0.50 per share reflects confidence in financial health.
• Annualized dividend of $2.00 demonstrates commitment to returning income to shareholders.

Negative

• None.

RALEIGH, N.C., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.50 per share of common stock for the quarter ended September 30, 2021, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on December 7, 2021 to all holders of record as of November 15, 2021.

The Board also declared a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on November 30, 2021, which is the next regularly scheduled dividend payment date, to all holders of record as of November 15, 2021.

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.  For more information about Highwoods, please visit our website at www.highwoods.com.

Contact:	Brendan Maiorana
	Executive Vice President, Finance and Treasurer
	brendan.maiorana@highwoods.com
	919-872-4924

FAQ

What is the dividend amount for Highwoods Properties (HIW)?

Highwoods Properties (HIW) has declared a dividend of $0.50 per share for the quarter ended September 30, 2021.

When is the next dividend payment for Highwoods Properties (HIW)?

The next dividend payment is scheduled for December 7, 2021.

What is the frequency of dividends for Highwoods Properties (HIW)?

Highwoods Properties typically declares quarterly dividends.

What is the record date for the upcoming dividend payment of Highwoods Properties (HIW)?

The record date for the upcoming dividend payment is November 15, 2021.

What is the dividend for Highwoods Properties' preferred stock?

The dividend for the 8 5/8% Series A Cumulative Redeemable Preferred Stock is $21.5625 per share.