Highwoods Properties, Inc. Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 12, 2024
January 31, 2024 at 04:05 pm EST
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Highwoods Properties, Inc. announced its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2023, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 12, 2024 to all holders of record as of February 20, 2024.
Highwoods Properties, Inc. is a real estate investment trust (REIT). 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, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Its primary business is the operation, acquisition and development of office properties. The Company provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company conducts its activities through Highwoods Realty Limited Partnership (the Operating Partnership). The Company owns an interest in approximately 28.4 million rentable square feet of in-service properties, 1.6 million rentable square feet of office properties under development and development land with approximately 5.2 million rentable square feet of potential office build-out.