Highwoods Properties (HIW) Tops Q1 EPS by 3c

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Highwoods Properties (HIW) Declares $0.4625 Quarterly Dividend; 4.4% Yield

April 20, 2018 5:40 AM EDT

Highwoods Properties (NYSE: HIW) declared a quarterly dividend of $0.4625 per share, or $1.85 annualized.

The dividend will be payable on June 5, 2018, to stockholders of record on May 18, 2018, with an ex-dividend date of May 17, 2018.

The annual yield on the dividend is 4.4 percent.

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April 20, 2018 4:27 AM EDT

Wells Fargo resumes coverage on Highwoods Properties Inc. (NYSE: HIW) with a Outperform rating and a price target of $49.00.

Analyst Blaine Heck likes the solid growth prospects offered by the company and believes the valuation is compelling.

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