Highwoods Declares Quarterly Dividends, Annual Dividend of $1.70 Per Share (HIW)

Highwoods Properties HIW Board of Directors today declared a cash dividend of $0.425 per share of common stock for the quarter ended March 31, 2011. This equates to an annual dividend of $1.70 per share and is payable on June 14, 2011 to shareholders of record as of May 23, 2011. The Board also declared a cash dividend of $21.5625 per share of Highwoods Properties 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on June 1, 2011, which is the next regularly scheduled dividend payment date, to shareholders of record as of May 16, 2011.