Highwoods Declares Quarterly Dividends

Core Viewpoint - Highwoods Properties, Inc. has declared cash dividends for both its preferred and common stock, indicating a commitment to returning value to shareholders [1][3]. Group 1: Dividend Announcements - The Board of Directors declared a cash dividend of $21.5625 per share for the 8 5/8% Series A Cumulative Redeemable Preferred Stock, payable on September 3, 2024, to holders of record as of August 15, 2024 [1]. - A cash dividend of $0.50 per share for common stock was announced for the quarter ended June 30, 2024, which translates to an annualized dividend of $2.00 per share, payable on September 10, 2024, to holders of record as of August 19, 2024 [3]. Group 2: Company Overview - Highwoods Properties, Inc. is a publicly-traded fully-integrated office real estate investment trust (REIT) based in Raleigh, focusing on owning, developing, acquiring, leasing, and managing properties in prime business districts across several major cities [2]. - The company emphasizes creating environments that foster collaboration and innovation, aiming to deliver greater value to customers and stakeholders [2].