Highwoods Declares Quarterly Dividends

Rhea-AI Summary

Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share for Q1 2022, amounting to an annualized dividend of $2.00 per share. This dividend will be paid on June 14, 2022 to shareholders on record as of May 23, 2022.

Additionally, a cash dividend of $21.5625 per share for the 8 5/8% Series A Cumulative Redeemable Preferred Stock will be paid on May 31, 2022, to holders of record as of May 16, 2022.

Positive

• Declared a quarterly cash dividend of $0.50 per share, indicating steady income for shareholders.
• Annualized dividend of $2.00 per share reflects company confidence.

Negative

• None.

RALEIGH, N.C., April 20, 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 March 31, 2022, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 14, 2022 to all holders of record as of May 23, 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 May 31, 2022, which is the next regularly scheduled dividend payment date, to all holders of record as of May 16, 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 payment date for HIW stock?

The dividend payment date for HIW stock is June 14, 2022.

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

The annualized dividend for Highwoods Properties (HIW) is $2.00 per share.

What is the cash dividend for the Series A Preferred Stock of HIW?

The cash dividend for the Series A Preferred Stock of HIW is $21.5625 per share.

When is the dividend for the Series A Preferred Stock payable?

The dividend for the Series A Preferred Stock is payable on May 31, 2022.