Cousins Properties Announces Increase In Its First Quarter 2015 Common Stock Dividend
ATLANTA, Jan. 15, 2015 /PRNewswire/ -- Cousins Properties Incorporated (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.08 per common share for the first quarter of 2015, representing a 7% increase over the prior quarter's common dividend. The first quarter dividend will be payable February 23, 2015, to common stockholders of record on February 6, 2015. The $0.08 per share quarterly common dividend equates to $0.32 per share on an annualized basis.
Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA, primarily invests in Class-A office properties located in high growth Sunbelt markets, with a focus on Georgia, Texas and North Carolina. For more information, please visit www.cousins.com.
This press release does not constitute an offer of any securities for sale. Certain matters discussed in this press release are forward-looking statements within the meaning of the federal securities laws and are subject to uncertainties and risk and actual results may differ materially from projections. Readers should carefully review Cousins' financial statements and notes thereto, as well as the risk factors described in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2013 and other documents Cousins files from time to time with the Securities and Exchange Commission. Such forward-looking statements are based on current expectations and speak as of the date of such statements. Cousins undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
Director of Investor Relations
website address: www.cousins.com
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SOURCE Cousins Properties Incorporated