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Highwoods Properties (Highwoods Properties) 3-Year Dividend Growth Rate : 1.40% (As of Mar. 2024)


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What is Highwoods Properties 3-Year Dividend Growth Rate?

Highwoods Properties's Dividends per Share for the three months ended in Mar. 2024 was $0.50.

The historical rank and industry rank for Highwoods Properties's 3-Year Dividend Growth Rate or its related term are showing as below:

HIW' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -10.1   Med: 2.2   Max: 58.2
Current: 1.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Highwoods Properties was 58.20% per year. The lowest was -10.10% per year. And the median was 2.20% per year.

HIW's 3-Year Dividend Growth Rate is ranked worse than
54.35% of 506 companies
in the REITs industry
Industry Median: 2.1 vs HIW: 1.40

During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Highwoods Properties's Dividend Payout Ratio for the three months ended in Mar. 2024 was 2.38. As of today, Highwoods Properties's Dividend Yield % is 7.79%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Highwoods Properties Inc is 2.40, which seems too high.

Warning Sign:

Highwoods Properties Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Highwoods Properties's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Highwoods Properties's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Highwoods Properties's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Highwoods Properties's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Highwoods Properties's 3-Year Dividend Growth Rate falls into.



Highwoods Properties 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Highwoods Properties  (NYSE:HIW) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Highwoods Properties's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.5/ 0.21
=2.38

During the past 13 years, the highest Dividend Payout Ratio of Highwoods Properties was 2.47. The lowest was 1.04. And the median was 1.56.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Highwoods Properties Inc is 2.40, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Highwoods Properties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002024-02-162024-02-202024-03-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-11-172023-11-202023-12-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-08-182023-08-212023-09-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-05-192023-05-222023-06-13Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Highwoods Properties's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2/25.68
=7.79 %

Current Share Price is $25.68.
Highwoods Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.

During the past 13 years, the highest Dividend Yield of Highwoods Properties was 11.24%. The lowest was 3.05%. And the median was 4.22%.

Warning Sign:

Highwoods Properties Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Highwoods Properties 3-Year Dividend Growth Rate Related Terms>


Highwoods Properties (Highwoods Properties) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Brian M Leary officer: EVP & COO 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Theodore J Klinck officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Brendan C Maiorana officer: EVP of Finance & IR 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Jeffrey Douglas Miller officer: General Counsel & Sec. 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
David L Gadis director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
David John Hartzell director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Thomas P Anderson director 3751 GRISSOM PARKWAY, SUITE 100, MYRTLE BEACH SC 29577
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Anne H Lloyd director
Sherry A Kellett director
Edward J Fritsch director, officer: EVP & COO
Kevin E Penn officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael E Harris officer: Sr. Vice President
Terry L Stevens officer: VP, CFO & Treasurer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604

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