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.
Cousins Properties Incorporated
Investment Community:
Jim
Fleming, Chief Financial Officer, 404-407-1150
jimfleming@cousinsproperties.com
or
Media:
Matt
Gove, Senior Vice President, 404-407-1490
mattgove@cousinsproperties.com
Web
site address: www.cousinsproperties.com
