Dividend Growth of Highwoods Properties, Inc.(HIW)

Highwoods Properties(HIW) is having a Dividend Yield of 3.41% with the Annual cash Dividend per share of $1.7. The last quarter cash dividend per share pay out was $0.43. Highwoods Properties has a 5 year average dividend yield of 4.29% and the stock has a Indicated annual dividend of $1.7. Highwoods Properties(HIW) formally announced its most recent dividend on February 13, 2017 with a Dividend per share of $0.44. The new indicated annual dividend based on announced dividend per share is $1.76. The dividend yield based on the forward looking indicated annual dividend is 3.53%. Highwoods Properties(HIW) has the most recent dividend payout ratio of 0.52 with a 5-year average payout ratio of 0.59.

Highwoods Properties, Inc. (NYSE:HIW) rose 2.96% or 1.46 points on Thursday and made its way into the gainers of the day. After trading began at $49.55 the stock was seen hitting $50.89 as a peak level and $49.53 as the lowest level. The stock ended up at $50.84. The daily volume was measured at 796,266 shares. The 52-week high of the share price is $56.23 and the 52-week low is $41.34. The company has a market cap of $5,169 million. Shares of Highwoods Properties, Inc. appreciated by 1.97% during the last five trading days but lost 2.83% on a 4-week basis. Highwoods Properties, Inc. is up 8.39% in the last 3-month period. Year-to-Date the stock performance stands at -0.33%.

Currently the company Insiders own 2.1% of Highwoods Properties, Inc. shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Sep 28, 2016, Jeffrey Douglas Miller (SVP/General Counsel & Sec.) sold 4,214 shares at 52.52 per share price.On Jul 1, 2016, Edward J Fritsch (President & CEO) sold 85,822 shares at 52.29 per share price.On May 27, 2016, Sherry A Kellett (director) sold 7,600 shares at 47.32 per share price.

Highwoods Properties Inc Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.81. The company had revenue of $167.65 million for the quarter, compared to analysts expectations of $168.43 million. The companys revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS.

Highwoods Properties, Inc. is a fully integrated, self-administered real estate investment trust that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The company owns or has an interest in office, industrial, retail and service center properties, including development projects and apartment units. (Company Press Release)


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