ATLANTA--(BUSINESS WIRE)--
Cousins Properties Incorporated (NYSE: CUZ) announced today that its
Board of Directors has declared a regular quarterly cash dividend of
$0.045 per common share, payable August 26, 2013, to common stockholders
of record on August 9, 2013. The $0.045 per share quarterly dividend
equates to $0.18 on an annualized basis.
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 August 15, 2013, to Series B preferred stockholders of record on
August 1, 2013.
The Company 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 and
retail projects. The Company is a fully integrated equity real estate
investment trust (REIT) and trades on the New York Stock Exchange under
the symbol CUZ.
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