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Cousins Properties Announces Its Third Quarter 2020 Common Stock Dividend

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Cousins Properties (NYSE: CUZ) has declared a cash dividend of $0.30 per common share for the third quarter of 2020. This dividend is payable on October 15, 2020, to shareholders of record by October 5, 2020. Founded in 1958 and based in Atlanta, GA, Cousins Properties focuses on investing in Class A office towers in high-growth Sun Belt markets, utilizing extensive expertise in development, acquisition, leasing, and management to create shareholder value.

Positive
  • Declared cash dividend of $0.30 per share for Q3 2020, indicating commitment to return value to shareholders.
  • Dividend payment date set for October 15, showing consistent dividend policy.
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  • None.

ATLANTA, Sept. 21, 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 third quarter of 2020.  The third quarter dividend will be payable on October 15, 2020, to common shareholders of record on October 5, 2020. 

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

Cision View original content:http://www.prnewswire.com/news-releases/cousins-properties-announces-its-third-quarter-2020-common-stock-dividend-301134925.html

SOURCE Cousins Properties

Cousins Properties Inc.

NYSE:CUZ

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4.48B
152.14M
0.75%
97.57%
2.89%
REIT - Office
Real Estate Investment Trusts
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United States of America
ATLANTA