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Highwoods Properties Inc. - HIW STOCK NEWS

Welcome to our dedicated page for Highwoods Properties news (Ticker: HIW), a resource for investors and traders seeking the latest updates and insights on Highwoods Properties stock.

Highwoods Properties Inc. (NYSE: HIW) is a leading real estate investment trust (REIT) headquartered in Raleigh, North Carolina. As a member of the S&P MidCap 400 Index, Highwoods specializes in the acquisition, ownership, development, leasing, and management of high-quality office properties in key urban areas. The company focuses on the Best Business Districts (BBDs) in cities such as Atlanta, Kansas City, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, Tampa, and the Triad.

The company's portfolio primarily consists of office buildings that generate nearly all of its rental revenue from a diverse tenant base. Major tenants include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies. Highwoods' largest markets, which account for the majority of its square footage and rental income, are located in urban centers like Atlanta, Raleigh, Nashville, and Tampa.

Highwoods Properties is driven by a culture of integrity, hard work, creativity, and team spirit. The company is committed to fostering environments where the best and brightest can collaborate effectively, thereby delivering greater value to its customers, employees, and stakeholders. This commitment is reflected in their strategic plan aimed at ensuring long-term growth and stability.

Recent achievements and ongoing projects are a testament to Highwoods' dedication to excellence. The company continues to demonstrate robust financial health, underpinned by a diversified revenue stream and strong market presence. Highwoods frequently engages with investors and stakeholders through regular financial releases and conference calls, ensuring transparency and timely updates on its performance and developments.

For more information, visit the company's official website at www.highwoods.com.

Latest News:

  • Conference Call Wednesday, July 26th, at 11:00 A.M.
  • Conference Call Wednesday, October 25th, at 11:00 A.M.
  • Conference Call Wednesday, February 7th, at 11:00 A.M. Planned Dates for Financial Releases and Conference Calls in 2024
  • Conference Call Wednesday, April 24th, at 11:00 A.M.
News
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Highwoods Properties (NYSE:HIW) has declared a quarterly cash dividend of $0.50 per share of common stock for Q2 2024, equivalent to an annualized dividend of $2.00 per share. This dividend will be paid on September 10, 2024, to shareholders of record as of August 19, 2024. Additionally, the company announced a cash dividend of $21.5625 per share for its 8 5/8% Series A Cumulative Redeemable Preferred Stock, payable on September 3, 2024, to holders of record as of August 15, 2024. These dividend declarations demonstrate Highwoods' commitment to providing regular returns to its shareholders.

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Highwoods Properties (NYSE:HIW) will announce its second quarter 2024 financial results on Tuesday, July 23rd, after the market closes. The following day, Wednesday, July 24th, at 11:00 A.M. Eastern time, the company will hold a conference call to discuss the results. U.S. and Canadian participants can join the call by dialing (833) 470-1428 with access code 794414, while international callers should dial (929) 526-1599 using the same code. A live, listen-only webcast will be available on Highwoods' website under the "Investors" section, with a replay accessible post-call.

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Highwoods Properties (NYSE: HIW) announced that Ted Klinck, President and CEO, will present at Nareit’s REITweek: 2024 Investor Conference on June 5, 2024, at 9:30 AM ET. The presentation will last approximately 30 minutes and will be available via live webcast on the company's website. A replay will be accessible an hour after the presentation ends.

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Highwoods Properties (NYSE: HIW) has released its 2023 Corporate Resiliency Report, detailing its ESG initiatives and achievements. The company earned a Green Star rating from GRESB for the fourth year, a 'Low ESG Risk Profile' from Sustainalytics, an A rating from MSCI, and a low-risk ISS Governance Quality Score with an ESG Prime badge. Highwoods also received 100 ENERGY STAR certifications, covering 69% of its total square footage, advanced to Gold level in the Green Lease Leader designation, and was recognized by Newsweek as one of America's Most Responsible Companies. Notably, the company met its 20% energy and GHG reduction goals three years ahead of schedule and set new, more ambitious targets. CEO Ted Klinck emphasized their commitment to economic, social, and environmental pillars, contributing to resilience in varying economic cycles.

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Highwoods Properties, Inc. (NYSE:HIW) announces the availability of its first quarter 2024 results. The company's financial performance can be accessed on their website. The press release provides insights into the company's quarterly performance.
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Highwoods Properties, Inc. (NYSE:HIW) declares a quarterly cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2024, with an annualized dividend of $2.00 per share. Additionally, the Board of Directors declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividends are payable on June 11, 2024, and May 31, 2024, respectively, to shareholders of record as of May 20, 2024, and May 15, 2024.
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Highwoods Properties, Inc. (HIW) has sold non-core properties in Raleigh for $79.4 million, with $16.9 million closed in Q1 2024. The properties include 8 office buildings and 1 building adjacent to Research Triangle Park, generating $6.0 million in net operating income. The company provided $6.2 million in seller financing, with proceeds used to reduce debt and for corporate purposes.
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Highwoods Properties, Inc. (HIW) will announce its first quarter 2024 results on April 23rd, followed by a conference call on April 24th. Investors can join the call via phone or webcast.
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Highwoods Properties, Inc. (HIW) announces 129,000 SF of additional leases signed at 23Springs in Uptown Dallas, bringing total leases to 718,000 SF in the first quarter. The development is 53% pre-leased, with a total expected investment of $460 million. Construction began in 2022, aiming for completion in 2025 and stabilization in 2028.
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Highwoods Properties, Inc. (HIW) has announced its fourth quarter and full year 2023 financial results, showcasing a strong performance with a significant increase in funds from operations (FFO) and net income. The company has also provided an optimistic outlook for 2024, highlighting strategic acquisitions and development projects.
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FAQ

What is the current stock price of Highwoods Properties (HIW)?

The current stock price of Highwoods Properties (HIW) is $29.13 as of February 4, 2025.

What is the market cap of Highwoods Properties (HIW)?

The market cap of Highwoods Properties (HIW) is approximately 3.1B.

What is Highwoods Properties Inc.?

Highwoods Properties Inc. is a real estate investment trust (REIT) focused on owning, developing, leasing, and managing office properties in urban areas.

Where is Highwoods Properties Inc. headquartered?

Highwoods Properties Inc. is headquartered in Raleigh, North Carolina.

What type of properties does Highwoods Properties Inc. specialize in?

Highwoods specializes in office buildings located in the Best Business Districts (BBDs) of major cities such as Atlanta, Kansas City, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, Tampa, and the Triad.

Who are the major tenants of Highwoods Properties Inc.?

Highwoods' major tenants include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

How does Highwoods Properties Inc. generate revenue?

Highwoods generates nearly all of its revenue from rental income derived from the tenants of its office buildings.

What recent achievements has Highwoods Properties Inc. accomplished?

Recent achievements include the development of new office properties, strategic acquisitions, and maintaining a robust financial status through diversified revenue streams.

What is the significance of Highwoods Properties Inc. being a member of the S&P MidCap 400 Index?

Being a member of the S&P MidCap 400 Index signifies that Highwoods is recognized as a key mid-sized company with stable financial performance and significant market presence.

How does Highwoods Properties Inc. engage with its investors?

Highwoods engages with its investors through regular financial releases and conference calls, providing timely updates on performance and developments.

What is the strategic focus of Highwoods Properties Inc.?

Highwoods focuses on long-term growth and stability by fostering environments where collaboration and innovation can thrive, thereby delivering greater value to customers, employees, and stakeholders.

Where can I find more information about Highwoods Properties Inc.?

More information can be found on the company's official website at www.highwoods.com.
Highwoods Properties Inc.

NYSE:HIW

HIW Rankings

HIW Stock Data

3.11B
104.22M
1.7%
108.41%
4.69%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
RALEIGH