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 December 31, 2021, leading to an annualized dividend of $2.00 per share. This dividend will be payable on March 15, 2022, to shareholders recorded by February 22, 2022.

Additionally, a dividend of $21.5625 per share for the Company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock has been announced, payable on February 28, 2022, to holders recorded by February 15, 2022.

Positive

• Declared quarterly dividend of $0.50 per share, indicating consistent cash flow.
• Annualized dividend of $2.00 per share demonstrates commitment to shareholder returns.

Negative

• None.

RALEIGH, N.C., Feb. 01, 2022 (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 December 31, 2021, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 15, 2022 to all holders of record as of February 22, 2022.

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 February 28, 2022, which is the next regularly scheduled dividend payment date, to all holders of record as of February 15, 2022.

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 and Chief Financial Officer
	brendan.maiorana@highwoods.com
	919-872-4924

 

                                               
        
                     
           

 

FAQ

What is the dividend amount declared by Highwoods Properties for Q4 2021?

Highwoods Properties declared a cash dividend of $0.50 per share for the quarter ended December 31, 2021.

When will the dividend be paid to shareholders?

The dividend will be payable on March 15, 2022.

What is the record date for the dividend payment?

Shareholders must be on record by February 22, 2022, to receive the dividend.

What is the preferred stock dividend amount and payment date?

The preferred stock dividend is $21.5625 per share, payable on February 28, 2022.

What type of company is Highwoods Properties?

Highwoods Properties is a publicly-traded real estate investment trust (REIT) focused on office properties.