Hudson Pacific Properties Declares Third Quarter 2021 Dividend

Rhea-AI Summary

Hudson Pacific Properties (NYSE: HPP) announced a quarterly dividend of $0.25 per share for Q3 2021. This dividend will be distributed on September 30, 2021 to stockholders of record on September 20, 2021. The Company, which operates a portfolio exceeding 20 million square feet, serves major clients including Google and Netflix. As part of the S&P MidCap 400 Index, Hudson Pacific focuses on dynamic hubs of innovation and media.

Positive

• Declaring a steady dividend of $0.25 boosts shareholder confidence.
• Strong tenant portfolio includes well-known companies like Google and Netflix.

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 third quarter of 2021. The dividend will be paid on September 30, 2021 to stockholders of record on September 20, 2021.

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/20210910005012/en/

Investor Contact

Laura Campbell

Executive Vice President, Investor Relations & Marketing

(310) 622-1702

lcampbell@hudsonppi.com

Media Contact

Laura Murray

Director, Communications

(310) 622-1781

lmurray@hudsonppi.com

Source: Hudson Pacific Properties, Inc.

FAQ

What is the dividend amount for Hudson Pacific Properties in Q3 2021?

The dividend amount declared for Q3 2021 is $0.25 per share.

When will Hudson Pacific Properties pay its Q3 2021 dividend?

The dividend will be paid on September 30, 2021.

Who are the major tenants of Hudson Pacific Properties?

Major tenants include Google, Netflix, Riot Games, Square, and Uber.

What is the record date for the dividend payment?

The record date for the dividend payment is September 20, 2021.