Hudson Pacific Properties (HPP) Declares $0.05 Quarterly Dividend; 3% Yield
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Hudson Pacific Properties Reinstates Common Stock Quarterly Dividend, Declares Preferred Stock Dividend
March 8, 2024 9:00 AM ESTLOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (NYSE: HPP) (the Company), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has reinstated and declared a dividend for the first quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20.
Hudson Pacifics improved liquidity position, strengthened balance sheet and anticipated taxable income distribution requirements for 2024 resulted in our Boards decision to reinstate our common stock dividend, said Victor Coleman, Chairman and Chief Executive... More
