Highwoods Pptys Inc Stock Price, News & Analysis

Highwoods Properties, a publicly-traded real estate investment trust (REIT), reported its first quarter 2023 financial results on April 25. The company operates primarily in key business districts across several major cities including Atlanta and Dallas. As a member of the S&P MidCap 400 Index, Highwoods focuses on owning, developing, acquiring, leasing, and managing office properties. For details on the performance metrics and financial health of the company, stakeholders are encouraged to visit their investor relations website.

Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2023, resulting in an annualized dividend of $2.00 per share. This dividend will be payable on June 13, 2023 to stockholders of record as of May 22, 2023.

Additionally, the Board approved a cash dividend of $21.5625 per share for its 8 5/8% Series A Cumulative Redeemable Preferred Stock, payable on May 31, 2023 to holders of record as of May 15, 2023.

Highwoods is a publicly-traded real estate investment trust (REIT) that focuses on owning, developing, acquiring, leasing, and managing office properties in major business districts across the Southeastern United States.

Highwoods Properties (NYSE:HIW) has been recognized as a 2023 Gold Level Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy at the Better Buildings, Better Plants Summit. This distinction honors excellence in sustainability practices, focusing on energy efficiency and cost savings. Additionally, Highwoods was previously acknowledged as an ENERGY STAR Executive Member in 2022, with 74 properties certified. CEO Ted Klinck expressed pride in their sustainable initiatives and performance improvements across their portfolio. This recognition underscores Highwoods' commitment to green practices and positions them favorably within the real estate sector.

Highwoods Properties, Inc. (NYSE:HIW) will announce its first quarter 2023 results on April 25, 2023, after market close. A conference call is scheduled for April 26, 2023, at 11:00 A.M. Eastern time. Investors can join the call by dialing (800) 756-3565 or via a live webcast on the company's website. Highwoods, based in Raleigh, is a publicly-traded real estate investment trust (REIT) that focuses on office properties in major business districts across cities like Atlanta, Charlotte, and Dallas.

Highwoods Properties (NYSE:HIW) announced a $200 million secured loan from a life insurance company, carrying a fixed interest rate of 5.69%, secured by the Bank of America Tower in Uptown Charlotte. This five-year loan aims to strengthen the company’s balance sheet and enhance liquidity, according to CEO Ted Klinck. Proceeds from the loan are designated for reducing amounts on the revolving credit facility and for general corporate purposes. Highwoods, a member of the S&P MidCap 400 Index, focuses on owning, developing, and managing properties in key business districts across several major U.S. cities.

Highwoods Properties, Inc. (NYSE:HIW) has announced its fourth quarter and full year 2022 financial results. The company, a leading real estate investment trust, operates in key business districts across the Southeast and maintains a diversified portfolio. Despite the challenging economic environment, Highwoods continues to execute its strategic initiatives aimed at enhancing shareholder value. Investors are encouraged to review the complete financial report available on the company's official website to understand detailed revenue, expenses, and future outlook.