HIW - Highwoods Properties FFO beats by $0.03 beats on revenue; declares dividend
Highwoods Properties (HIW): Q2 FFO of $0.93 beats by $0.03.Revenue of $185.5M beats by $0.95M.Highwoods declared a dividend of $0.50 per common share for the quarter ended June 30, which equates to an annualized dividend of $2.00 per share and reflects a 4.2% increase over the prior quarter’s dividend.This quarterly dividend is payable on Sept. 8, 2021 to all holders of record as of Aug. 16, 2021.The board also declared a dividend of $21.5625 per share of the company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock.The dividend is payable on Aug. 31, 2021, which is the next regularly scheduled dividend payment date, to all holders of record as of Aug. 16, 2021.Press Release
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Highwoods Properties FFO beats by $0.03, beats on revenue; declares dividend