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.
by RTT Staff Writer
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