ATLANTA--(BUSINESS WIRE)--
Cousins Properties Incorporated (NYSE: CUZ) announced today that its
Board of Directors has 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 November 15,
2013, to Series B preferred stockholders of record on November 1, 2013.
The Company also announced that it expects to declare its regular
quarterly common dividend in mid-November 2013, to be paid in late
December 2013. The timing of the fourth quarter 2013 common dividend is
consistent with the Company’s historic practice for all cash dividends.
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 towers located in
high growth Sunbelt markets, with a focus on Georgia, Texas and North
Carolina. Founded in 1958, Cousins creates shareholder value through its
extensive expertise in the development, acquisition, leasing and
management of high-quality real estate assets. The Company has a
comprehensive strategy in place based on a simple platform, trophy
assets and opportunistic investments. For more information, please visit www.cousinsproperties.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, 2012 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.
Cousins Properties Incorporated
Cameron Golden, 404-407-1984
Vice
President of Investor Relations and Corporate Communications
camerongolden@cousinsproperties.com
www.cousinsproperties.com
Source: Cousins Properties Incorporated