ATLANTA--(BUSINESS WIRE)--
Cousins Properties Incorporated (NYSE: CUZ) announced today that its
Board of Directors has declared a regular quarterly cash dividend of
$0.25 per share, or $1.00 per share on an annualized basis, payable
February 23, 2009, to common stockholders of record as of February 9,
2009.
The Board of Directors declared a regular quarterly cash dividend on its
Series A Cumulative Redeemable Preferred Stock. The dividend of
$0.484375 per share, or $1.9375 on an annualized basis, is payable
February 16, 2009, to Series A preferred stockholders of record on
February 2, 2009.
The Board of Directors has also declared a regular quarterly cash
dividend on its Series B Cumulative Redeemable Preferred Stock. The
dividend of $0.46875 per share, or $1.875 on an annualized basis, is
payable February 16, 2009, to Series B preferred stockholders of record
on February 2, 2009.
Celebrating its 50th anniversary in 2008, Cousins Properties
Incorporated is a leading diversified real estate company with extensive
experience in development, acquisition, financing, management and
leasing. Based in Atlanta, the Company actively invests in office,
multi-family, retail, industrial and land development projects. Since
its founding, Cousins has developed 20 million square feet of office
space, 20 million square feet of retail space, more than 4,000
multi-family units and more than 60 single-family neighborhoods. The
Company is a fully integrated equity real estate investment trust (REIT)
and trades on the New York Stock Exchange under the symbol CUZ. For
more, please visit www.cousinsproperties.com.
Source: Cousins Properties Incorporated
Contact: Cousins Properties Incorporated
Cameron Golden, 404-407-1984
Director of Investor Relations and Corporate Communications
camerongolden@cousinsproperties.com
www.cousinsproperties.com