Cousins Properties Declares Third Quarter Preferred and Common Stock Dividends
July 21 2008 - 7:00AM
Business Wire
Cousins Properties Incorporated (NYSE: CUZ) announced today that
its Board of Directors has 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 August 15, 2008, to Series A preferred stockholders of
record on August 1, 2008. 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, 2008, to
Series B preferred stockholders of record on August�1, 2008. The
Board of Directors has also declared a regular quarterly cash
dividend of $0.37 per share, or $1.48 on an annualized basis,
payable August 25, 2008, to common stockholders of record on August
11, 2008. 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.
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