Highwoods Properties, Inc.
S&P 500HIW/Real Estate · REIT - Office/NYSE
Dividend Yield
6.81%
$2.00 · Annual Dividend
Dividend Safety Rating
HIW's dividend appears safe and well-supported. Strengths include a 48.6% ffo payout ratio & 58.6% fcf payout ratio. Areas of concern: 2.1x interest coverage & 3.8% return on equity. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 14 of 15 metrics
Strengths
- FFO Payout Ratio: 48.6%Dividends are well covered by funds from operations (FFO).
- Operating Margin: 25.3%Healthy operating margin provides a wide buffer.
- Gross Margin: 66.8%High gross margin signals strong pricing power.
Risks
- Return on Equity: 3.8%Return on equity is below industry norms.
- Interest Coverage: 2.1xInterest coverage is thin relative to debt servicing.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
SafeProfitability
CautionDividend Track Record
SafeAbout Highwoods Properties, Inc.
Highwoods Properties, Inc. is a real estate investment trust (REIT) specializing in managing, developing, acquiring, leasing, and selling high-quality office properties. This firm operates predominantly in the southeastern United States, focusing on major urban centers known for robust economic growth and business expansion. Highwoods Properties targets dynamic markets like Nashville, Raleigh, and Tampa, where its properties serve a diverse range of corporate tenants across various industries including technology, finance, healthcare, and government sectors. As a REIT, Highwoods is notable for its commitment to providing stable and attractive dividends to shareholders, reflecting its capacity to generate consistent rental revenues. The company emphasizes sustainability and operational excellence via eco-friendly building practices and efficient property management. Highwoods Properties plays a significant role in the commercial real estate market, contributing to urban development and attracting businesses that drive economic vitality in key regional hubs.
Dividend Overview
Dividend Yield
6.81%
Annual Dividend
$2.00
Frequency
Quarterly
Payout Ratio
240.96%
FCF Payout Ratio
58.60%
52-Week Range
$20.45 - $32.76
Dividend History (2016–2025)
HIW annual dividend per share and yield history
Earnings & Profitability
HIW earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 18, 2026
Last Payment Date
June 9, 2026
Dividend Growth
3-Year Dividend CAGR
0.00%
5-Year Dividend CAGR
0.82%
10-Year Dividend CAGR
1.64%
3-Year Total Growth
0.00%
5-Year Total Growth
4.17%
10-Year Total Growth
17.65%
Income Calculator
Frequently Asked Questions
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How is HIW's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.