Hudson Pacific Properties Declares First Quarter 2025 Preferred Stock Dividend

Rhea-AI Summary

Hudson Pacific Properties (NYSE: HPP) has announced its Board of Directors' declaration of first quarter 2025 dividend for its 4.750% Series C cumulative preferred stock. The dividend payment is set at $0.296875 per share, which equals an annual rate of $1.18750 per share. The payment will be distributed on March 31, 2025 to preferred stockholders of record as of March 21, 2025. Hudson Pacific Properties specializes in providing end-to-end real estate solutions for tech and media tenants.

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• Consistent preferred dividend payments maintained

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• None.

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the first quarter of 2025 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on March 31, 2025 to preferred stockholders of record on March 21, 2025.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. 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/20250311561100/en/

Investor Contact

Laura Campbell

Executive Vice President, Investor Relations & Marketing

(310) 622-1702

lcampbell@hudsonppi.com

Media Contact

Laura Murray

Vice President, Communications

(310) 622-1781

lmurray@hudsonppi.com

Source: Hudson Pacific Properties, Inc.

FAQ

What is the Q1 2025 preferred stock dividend amount for Hudson Pacific Properties (HPP)?

HPP's Q1 2025 preferred stock dividend is $0.296875 per share for its 4.750% Series C cumulative preferred stock.

When will HPP pay its Q1 2025 preferred stock dividend?

The dividend will be paid on March 31, 2025 to preferred stockholders of record as of March 21, 2025.

What is the annual dividend rate for HPP's Series C preferred stock?

The annual dividend rate for HPP's Series C preferred stock is $1.18750 per share.

What is the dividend yield for HPP's Series C preferred stock?

The Series C preferred stock has a 4.750% dividend yield.