Highwoods Declares Quarterly Dividends

RALEIGH, N.C., April 20, 2023 (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, 2023, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 13, 2023 to all holders of record as of May 22, 2023.

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 May 31, 2023, which is the next regularly scheduled dividend payment date, to all holders of record as of May 15, 2023.

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office 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.  For more information about Highwoods, please visit our website at www.highwoods.com.

Contact:		Brendan Maiorana
		Executive Vice President and Chief Financial Officer
		brendan.maiorana@highwoods.com
		919-872-4924