Highwoods Properties declares $0.50 cash dividend per share, payable September 9, 2025. Preferred stock dividend also announced.
Quiver AI Summary
Highwoods Properties, Inc. has announced a cash dividend of $0.50 per share for its common stock from the quarter ending June 30, 2025, which results in an annualized dividend of $2.00 per share. This dividend will be paid on September 9, 2025, to shareholders on record as of August 18, 2025. Additionally, a cash dividend of $21.5625 per share will be issued for the company's 8 5/8% Series A Cumulative Redeemable Preferred Stock, payable on September 2, 2025, to those on record as of August 15, 2025. Highwoods Properties, based in Raleigh and publicly traded on the NYSE, focuses on owning, developing, acquiring, and managing office properties primarily in major business districts across multiple cities. The company aims to enhance commercial real estate through its work-placemaking approach, creating environments that foster collaboration and increased value for customers and shareholders.
Potential Positives
- The declaration of a cash dividend of $0.50 per share highlights the company's commitment to returning value to its shareholders.
- Annualized dividend of $2.00 per share indicates stability and potential for sustained financial performance.
- The announcement also includes a dividend for the preferred stock, reflecting the company’s commitment to honoring obligations to all classes of investors.
- Highwoods Properties operates in key business districts, suggesting potential for growth and attraction of tenants, underpinning the strength of its business model.
Potential Negatives
- Declaring a cash dividend may indicate the company's need to reassure investors about its financial stability, potentially highlighting concerns about underlying business performance.
- The choice of dividend amount may be viewed as modest, possibly reflecting limited growth prospects or profitability compared to industry standards.
- Relying on dividends as a key communication point could signal a lack of new initiatives or growth strategies being presented to the market.
FAQ
What is the latest dividend declared by Highwoods Properties?
Highwoods Properties has declared a cash dividend of $0.50 per share of common stock for Q2 2025.
When will the dividends for shareholders be paid?
The common stock dividend will be paid on September 9, 2025, and the preferred stock dividend on September 2, 2025.
Who is eligible for the upcoming dividends?
Holders of record as of August 18, 2025, for common stock, and August 15, 2025, for preferred stock are eligible.
What percentage does the Series A preferred stock dividend represent?
The Series A Cumulative Redeemable Preferred Stock dividend is $21.5625 per share at a rate of 8 5/8%.
How can I find more information about Highwoods Properties?
More information about Highwoods Properties can be found on their website at www.highwoods.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HIW Congressional Stock Trading
Members of Congress have traded $HIW stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HIW stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE has traded it 3 times. They made 2 purchases worth up to $100,000 on 03/13, 03/05 and 1 sale worth up to $50,000 on 05/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$HIW Hedge Fund Activity
We have seen 179 institutional investors add shares of $HIW stock to their portfolio, and 141 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 2,852,877 shares (+87.4%) to their portfolio in Q1 2025, for an estimated $84,559,274
- COHEN & STEERS, INC. added 1,409,274 shares (+10.5%) to their portfolio in Q1 2025, for an estimated $41,770,881
- FRANKLIN RESOURCES INC removed 1,195,340 shares (-60.4%) from their portfolio in Q1 2025, for an estimated $35,429,877
- BLACKROCK, INC. removed 911,111 shares (-5.3%) from their portfolio in Q1 2025, for an estimated $27,005,330
- STATE STREET CORP removed 899,426 shares (-12.2%) from their portfolio in Q1 2025, for an estimated $26,658,986
- GRS ADVISORS, LLC added 890,940 shares (+inf%) to their portfolio in Q1 2025, for an estimated $26,407,461
- BARCLAYS PLC added 878,665 shares (+1314.3%) to their portfolio in Q1 2025, for an estimated $26,043,630
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HIW Analyst Ratings
Wall Street analysts have issued reports on $HIW in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 03/17/2025
- Truist Securities issued a "Buy" rating on 02/13/2025
To track analyst ratings and price targets for $HIW, check out Quiver Quantitative's $HIW forecast page.
$HIW Price Targets
Multiple analysts have issued price targets for $HIW recently. We have seen 4 analysts offer price targets for $HIW in the last 6 months, with a median target of $31.5.
Here are some recent targets:
- Vikram Malhotra from Mizuho set a target price of $30.0 on 07/14/2025
- Blaine Heck from Wells Fargo set a target price of $31.0 on 05/19/2025
- Peter Abramowitz from Jefferies set a target price of $32.0 on 03/17/2025
- Michael Lewis from Truist Securities set a target price of $32.0 on 02/13/2025
Full Release
RALEIGH, N.C., July 24, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2025, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 9, 2025 to all holders of record as of August 18, 2025.
The Board also 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 September 2, 2025 which is the next regularly scheduled dividend payment date, to all holders of record as of August 15, 2025.
About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. For more information about Highwoods, please visit our website at
www.highwoods.com
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| Contact: | Brendan Maiorana |
| Executive Vice President and Chief Financial Officer | |
| [email protected] | |
| 919-872-4924 | |
