Highwoods Properties's most recent quarterly dividend of $0.5 per share was on May 19, 2023 (ex-date). The annualized payout of $2 per share represents a current dividend yield of 9.8%.
HIW has a dividend yield of 9.8% which is higher than the Real Estate sector average but lower than the industry average. In comparison with the Real Estate sector average of 7.49%, Highwoods Properties's dividend yield is 31% higher. The historical 5-year average of HIW's dividend yield is 5.1%, 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 down by 48% from a year ago, the dividend yield has increased by 94%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 131.6% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 113.8%, Highwoods Properties's payout ratio is 16% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HIW Highwoods Properties Inc | 9.8% | $2 | 131.6% |
| AMH American Homes 4 Rent | 2.25% | $0.76 | 86.4% |
Yes, Highwoods Properties has been paying dividends for the last 29 years.
HIW hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2023.
Highwoods Properties's last regular dividend was on May 19, 2023 (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 9.8%.
Highwoods Properties has a quarterly dividend frequency.
Highwoods Properties's dividend payout ratio is 131.6%.
Highwoods Properties's dividend yield is higher than the Real Estate sector average.