News to Watch: Cousins Properties (NYSE:CUZ) announces a cash dividend of $0.29

On Wednesday Cousins Properties (NYSE:CUZ) stock recorded daily change of 0.68% to close at $39.95 with the total traded volume of 395775 shares along average volume of 712815 shares 52 week range of the stock remained $ 9.58 – 41.01 while its day low price was $39.49 and its hit its day high price at $40.1. Its previous closing value stands at $39.68. CUZ total market capitalization is $5863142011. Currently stocks EPS is $0.48 while its price to earnings ratio is 82.87.

On Dec. 18, 2019, Cousins Properties (NYSE:CUZ) revealed that its Board of Directors has declared a cash dividend of $0.29 per common share for the fourth quarter of 2019.  The fourth quarter dividend will be payable on January 13, 2020, to common shareholders of record on January 3, 2020.  The $0.29 per share quarterly common dividend equates to $1.16 per share on an annualized basis.

About Cousins Properties

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments.

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