Highwoods Properties's most recent quarterly dividend of $0.5 per share was on Feb 16, 2024 (ex-date). The annualized payout of $2 per share represents a current dividend yield of 7.87%.
HIW has a dividend yield of 7.87% which is higher than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 6.41%, Highwoods Properties's dividend yield is 23% higher. The historical 5-year average of HIW's dividend yield is 5.9%, which is lower than the current one.
Highwoods Properties has a history of paying dividends since 1994. Our records of HIW show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 11% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 16, 2024 | Mar 12, 2024 | Jan 31, 2024 | $0.5 | normal |
| Nov 17, 2023 | Dec 12, 2023 | Oct 18, 2023 | $0.5 | normal |
| Aug 18, 2023 | Sep 12, 2023 | Jul 19, 2023 | $0.5 | normal |
| May 19, 2023 | Jun 13, 2023 | Apr 20, 2023 | $0.5 | normal |
| Feb 17, 2023 | Mar 14, 2023 | Feb 1, 2023 | $0.5 | normal |
| Nov 18, 2022 | Dec 13, 2022 | Oct 20, 2022 | $0.5 | normal |
| Aug 19, 2022 | Sep 13, 2022 | Jul 28, 2022 | $0.5 | normal |
| May 20, 2022 | Jun 14, 2022 | $0.5 | normal | |
| May 13, 2022 | May 31, 2022 | $21.563 | special | |
| Feb 18, 2022 | Mar 15, 2022 | Feb 1, 2022 | $0.5 | normal |
| Nov 12, 2021 | Dec 7, 2021 | Nov 2, 2021 | $0.5 | normal |
| Aug 13, 2021 | Sep 8, 2021 | Jul 27, 2021 | $0.5 | normal |
| May 14, 2021 | Jun 8, 2021 | Apr 15, 2021 | $0.48 | normal |
| Feb 12, 2021 | Mar 9, 2021 | Feb 2, 2021 | $0.48 | normal |
| Nov 13, 2020 | Dec 8, 2020 | Oct 15, 2020 | $0.48 | normal |
| Aug 14, 2020 | Sep 9, 2020 | Jul 28, 2020 | $0.48 | normal |
| May 15, 2020 | Jun 8, 2020 | Apr 28, 2020 | $0.48 | normal |
| Feb 14, 2020 | Mar 10, 2020 | Feb 4, 2020 | $0.48 | normal |
| Nov 7, 2019 | Dec 3, 2019 | Oct 17, 2019 | $0.475 | normal |
| Aug 9, 2019 | Sep 4, 2019 | Jul 31, 2019 | $0.475 | normal |
| May 10, 2019 | Jun 4, 2019 | Apr 18, 2019 | $0.475 | normal |
| Feb 15, 2019 | Mar 5, 2019 | Feb 5, 2019 | $0.475 | normal |
| Nov 8, 2018 | Dec 4, 2018 | Oct 18, 2018 | $0.463 | normal |
| Aug 10, 2018 | Sep 5, 2018 | Aug 2, 2018 | $0.463 | normal |
| May 17, 2018 | Jun 5, 2018 | Apr 19, 2018 | $0.463 | normal |
| Feb 16, 2018 | Mar 6, 2018 | Feb 6, 2018 | $0.463 | normal |
| Nov 13, 2017 | Dec 5, 2017 | Oct 19, 2017 | $0.44 | normal |
| Aug 10, 2017 | Sep 6, 2017 | Aug 2, 2017 | $0.44 | normal |
| May 15, 2017 | Jun 6, 2017 | Apr 20, 2017 | $0.44 | normal |
| Feb 16, 2017 | Mar 7, 2017 | Feb 7, 2017 | $0.44 | normal |
| Dec 22, 2016 | Jan 10, 2017 | Dec 13, 2016 | $0.8 | special |
| Nov 9, 2016 | Dec 6, 2016 | Oct 20, 2016 | $0.425 | normal |
| Aug 11, 2016 | Sep 7, 2016 | Jul 27, 2016 | $0.425 | normal |
| May 16, 2016 | Jun 7, 2016 | Apr 21, 2016 | $0.425 | normal |
| Feb 12, 2016 | Mar 8, 2016 | Jan 27, 2016 | $0.425 | normal |
HIW has a payout ratio of 143.9% which is higher than the Real Estate sector average but lower than the industry average. But if we consider the Real Estate sector average of 137.9%, Highwoods Properties's payout ratio is only 4.4% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HIW Highwoods Properties Inc | 7.72% | $2 | 163.9% |
| DOC Healthpeak Properties Inc. | 6.44% | $1.2 | 214.3% |
| SPG Simon Property Group Inc | 5.32% | $7.6 | 108.9% |
| AMH American Homes 4 Rent | 2.59% | $0.92 | 91.1% |
Yes, Highwoods Properties has been paying dividends for the last 30 years.
HIW has announced its next dividend with ex-date May 17, 2024.
Highwoods Properties's last regular dividend was on Feb 16, 2024 (ex-date) with the amount of $0.5 per share.
HIW has paid dividend of $2 per share in the last year.
Highwoods Properties's current dividend yield is 7.87%.
Highwoods Properties has a quarterly dividend frequency.
Highwoods Properties's dividend payout ratio is 143.9%.
Highwoods Properties's dividend yield is higher than the Real Estate sector average.