Hudson Pacific Properties Declares First Quarter 2022 Dividend

Rhea-AI Summary

Hudson Pacific Properties (NYSE: HPP) has declared a quarterly dividend of $0.25 per share for Q1 2022. This dividend will be paid on March 31, 2022, to stockholders on record as of March 21, 2022. The company operates a substantial portfolio of office and studio properties totaling over 20 million square feet, with key tenants including Google, Netflix, and Uber. Hudson Pacific is committed to innovation and growth in media and technology sectors.

Positive

• Dividend of $0.25 per share indicates consistent income for shareholders.
• Strong tenant base includes major companies like Google and Netflix, reflecting robust demand for its properties.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced that the Company’s Board of Directors has declared a quarterly dividend on its common stock of $0.25 per share for the first quarter of 2022. The dividend will be paid on March 31, 2022 to stockholders of record on March 21, 2022.

About Hudson Pacific Properties

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling over 20 million square feet, including land for development. Focused on global epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Google, Netflix, Riot Games, Square, Uber and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the S&P MidCap 400 Index. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events, or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company's control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by the Company from time to time with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220311005001/en/

Investor Contact:

Laura Campbell

Executive Vice President, Investor Relations & Marketing

(310) 622-1702

lcampbell@hudsonppi.com



Media Contact:

Laura Murray

Senior Director, Communications

(310) 622-1781

lmurray@hudsonppi.com

Source: Hudson Pacific Properties, Inc.

FAQ

What is the dividend amount announced by Hudson Pacific Properties for Q1 2022?

Hudson Pacific Properties announced a quarterly dividend of $0.25 per share for Q1 2022.

When will the dividend be paid to shareholders of Hudson Pacific Properties?

The dividend will be paid on March 31, 2022.

What is the record date for the dividend payment of Hudson Pacific Properties?

The record date for the dividend payment is March 21, 2022.

How does Hudson Pacific Properties' tenant base affect its business?

Hudson Pacific's tenant base, which includes Fortune 500 companies, supports strong demand for its properties and enhances financial stability.