Cousins Properties Declares Fourth Quarter Preferred Stock Dividends
October 20 2008 - 11:00AM
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 November 17, 2008, to Series A preferred stockholders of
record on November 3, 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 November 17,
2008, to Series B preferred stockholders of record on November 3,
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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