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Cousins Properties Announces Fourth Quarter 2020 Common Stock Dividend

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Cousins Properties has declared a cash dividend of $0.30 per common share for Q4 2020, payable on January 14, 2021, to shareholders of record by January 4, 2021. This distribution reflects the company's ongoing commitment to return value to shareholders while maintaining a strategic focus on high-quality real estate investments in growth markets across the Sun Belt. Cousins Properties operates as a self-administered and self-managed REIT, emphasizing trophy assets and opportunistic investments since its founding in 1958.

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  • Declared a cash dividend of $0.30 per share, indicating strong shareholder value focus.
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ATLANTA, Dec. 17, 2020 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.30 per common share for the fourth quarter of 2020.  The fourth quarter dividend will be payable on January 14, 2021 to common shareholders of record on January 4, 2021. 

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 towers 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, 2019, 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:                                                                                       
Gregg Adzema
Chief Financial Officer, Cousins Properties
404-407-1116 
gadzema@cousins.com 

Cision View original content:http://www.prnewswire.com/news-releases/cousins-properties-announces-fourth-quarter-2020-common-stock-dividend-301195377.html

SOURCE Cousins Properties

FAQ

What is the dividend amount for CUZ in Q4 2020?

Cousins Properties declared a dividend of $0.30 per common share for Q4 2020.

When will the CUZ dividend be paid?

The dividend will be paid on January 14, 2021.

What is the record date for the CUZ dividend?

The record date for the dividend payment is January 4, 2021.

How often does CUZ pay dividends?

Cousins Properties typically pays dividends quarterly.

Cousins Properties Inc.

NYSE:CUZ

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4.68B
158.14M
0.72%
95.41%
2.31%
REIT - Office
Real Estate Investment Trusts
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United States of America
ATLANTA