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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