Highwoods Properties, Inc. (NYSE:HIW) Updates On Quarterly Dividend


As per Highwoods Properties, Inc. (NYSE:HIW) statement on 2016-07-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.425 per share as dividend to stakeholders. The record date is set as 2016-08-15, the payout date as 2016-09-07 and the ex-dividend date is 2016-08-11.

Last fiscal Highwoods Properties, Inc. (NYSE:HIW) disbursed cash dividend of $0.425. A year ago, the payout was $0.425, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.425, implying 0% growth.

For the period ended on 2015-12-31, Highwoods Properties, Inc. (NYSE:HIW)’s earnings came at $0.82 per share compared to EPS of $0.77 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.81 per share.

The interim price target for Highwoods Properties, Inc. (NYSE:HIW) is set at $55.625. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Highwoods Properties, Inc. (NYSE:HIW) is seen at $65 and the lowest level is established at $50. This broad range highlights a standard deviation of $5.527 in reported estimates.

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