RALEIGH, N.C., April 17, 2024 (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 March 31, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 11, 2024 to all holders of record as of May 20, 2024. The Board also declared a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series A Cumulative Redeemable Pre
In line with its capital-recycling strategy, Highwoods Properties (HIW) announces the disposition of non-core assets worth $79.4 million.
Sells $79.4M of Non-Core AssetsRALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing early in the second quarter. The sold properties include eight office buildings encompassing 338,000 square feet across from Rex Hospital in the west