Company: Highwoods Properties Inc. (HIW)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: 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. -Morningstar.com-
Symbol: HIW
Recent Price: $30.56
Dividends: $2.00
Yield: 6.55%
Sector: Real Estate
Industry: REIT-Office
Address & Company Phone #: 3100 Smoketree Ct. Ste. 600 Raleigh NC 27604, 919-872-4924
Transfer Agent: Equiniti Group plc. 800-468-9716
Moody’s Rating: Baa3
Minimum & Maximum Investment: $25 – $10,000/month
Investment Dates: 20th monthly
Shares to Qualify: 1 Share
Fees: Div.:$0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+10¢/sh.
52 Week High & Low: $28.45, $17.06