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Highwoods Declares Quarterly Dividend Of $0.425 - Quick Facts

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Highwoods Properties (HIW: Quote) said its Board of Directors declared a cash dividend of $0.425 per share of common stock for the quarter ended March 31, 2012. This equates to an annual dividend of $1.70 per share.

The dividend is payable on June 12, 2012 to shareholders of record as of May 21, 2012, note dthe company.

In addition, Highwoods Properties' Board declared a cash dividend of $21.5625 per share of the company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on May 31, 2012, which is the next regularly scheduled dividend payment date, to shareholders of record as of May 15, 2012.

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by RTT Staff Writer

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