HIW Highwoods Properties, Inc. — dividend yield, history & ex-dividend dates
Highwoods Properties, Inc., based in Raleigh, operates as an S&P MidCap 400 Index constituent. This publicly listed Real Estate Investment Trust (REIT), whose shares trade on the NYSE under the ticker HIW, focuses exclusively on office properties. Highwoods is a comprehensively integrated company, handling all aspects of its real estate portfolio from initial acquisition and development to leasing and day-to-day management. Its holdings are strategically concentrated in the prime business districts of several major U.S. cities, specifically Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, its headquarters city of Raleigh, Richmond, and Tampa.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
Not Rated
How the Dividend Growth Score is built for HIW
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 0.8% (2020–2025) | 33 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | N/A (not used) | N/A | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR -6.1% (FY2022–FY2025) | 12 | 15% |
| Revenue growth (3 years) | N/A (not used) | N/A | 10% |
| 10-year dividend growth | 10-year dividend CAGR 1.6% (2015–2025) | 41 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Value Score is built for HIW
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 68th percentile of its 120 month-end yields | 68 | 40% |
| P/OCF vs own 5-year median | P/OCF 8.2 is 1.05x its 5-year median of 7.8 | 43 | 25% |
| Operating cash flow yield | Operating cash flow yield 12.5% (FY2024) | 97 | 20% |
| P/OCF vs peers | P/OCF 8.2 vs peer median 12.6 (0.65x; 112 reit / Real Estate securities) | 94 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
6.85%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$2.0000
Declared Oct 22, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
45
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$20.58 – $34.40
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
131.26% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
32
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.41
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
HIW has raised its annual dividend in 13 separate years since October 1994, which ranks 861 among the 2,430 payers with a comparable record in our dataset. In 1 year the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
HIW's dividend yield rose from 6.00% to 6.85% over the past ~90 days (+0.84 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.84 pp from the share price ($33.32 on Aug 03, 2026 → $29.21 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), HIW's current yield is higher than approximately 41% of them. Our stored price history for HIW covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.5000 Q | Regular upcoming, declared | Oct 22, 2026 | Nov 16, 2026 | Nov 16, 2026 | Dec 08, 2026 |
| $0.5000 Q | Regular | Jul 22, 2026 | Aug 17, 2026 | Aug 17, 2026 | Sep 09, 2026 |
| $0.5000 Q | Regular | Apr 22, 2026 | May 18, 2026 | May 18, 2026 | Jun 09, 2026 |
| $0.5000 Q | Regular | Jan 29, 2026 | Feb 17, 2026 | Feb 17, 2026 | Mar 10, 2026 |
| $0.5000 Q | Regular | Oct 23, 2025 | Nov 17, 2025 | Nov 17, 2025 | Dec 09, 2025 |
| $0.5000 Q | Regular | Jul 24, 2025 | Aug 18, 2025 | Aug 18, 2025 | Sep 09, 2025 |
| $0.5000 Q | Regular | Apr 23, 2025 | May 19, 2025 | May 19, 2025 | Jun 10, 2025 |
| $0.5000 Q | Regular | Jan 29, 2025 | Feb 18, 2025 | Feb 18, 2025 | Mar 11, 2025 |
| $0.5000 Q | Regular | Oct 21, 2024 | Nov 18, 2024 | Nov 18, 2024 | Dec 10, 2024 |
| $0.5000 Q | Regular | Jul 17, 2024 | Aug 19, 2024 | Aug 19, 2024 | Sep 10, 2024 |
| $0.5000 Q | Regular | Apr 17, 2024 | May 17, 2024 | May 20, 2024 | Jun 11, 2024 |
| $0.5000 Q | Regular | Jan 31, 2024 | Feb 16, 2024 | Feb 20, 2024 | Mar 12, 2024 |
| $0.5000 Q | Regular | Oct 18, 2023 | Nov 17, 2023 | Nov 20, 2023 | Dec 12, 2023 |
| $0.5000 Q | Regular | Jul 19, 2023 | Aug 18, 2023 | Aug 21, 2023 | Sep 12, 2023 |
| $0.5000 Q | Regular | Apr 20, 2023 | May 19, 2023 | May 22, 2023 | Jun 13, 2023 |
| $0.5000 Q | Regular | Feb 01, 2023 | Feb 17, 2023 | Feb 21, 2023 | Mar 14, 2023 |
| $0.5000 Q | Regular | Oct 20, 2022 | Nov 18, 2022 | Nov 21, 2022 | Dec 13, 2022 |
| $0.5000 Q | Regular | Jul 28, 2022 | Aug 19, 2022 | Aug 22, 2022 | Sep 13, 2022 |
| $0.5000 Q | Regular | Apr 20, 2022 | May 20, 2022 | May 23, 2022 | May 31, 2022 |
| $0.5000 Q | Regular | Feb 01, 2022 | Feb 18, 2022 | Feb 22, 2022 | Mar 15, 2022 |
| $0.5000 Q | Regular | Nov 02, 2021 | Nov 12, 2021 | Nov 15, 2021 | Dec 07, 2021 |
| $0.5000 Q | Regular | Jul 27, 2021 | Aug 13, 2021 | Aug 16, 2021 | Sep 08, 2021 |
| $0.4800 Q | Regular | Apr 15, 2021 | May 14, 2021 | May 17, 2021 | Jun 08, 2021 |
| $0.4800 Q | Regular | Feb 02, 2021 | Feb 12, 2021 | Feb 16, 2021 | Mar 09, 2021 |
| $0.4800 Q | Regular | Oct 15, 2020 | Nov 13, 2020 | Nov 16, 2020 | Dec 08, 2020 |
| $0.4800 Q | Regular | Jul 28, 2020 | Aug 14, 2020 | Aug 17, 2020 | Sep 09, 2020 |
| $0.4800 Q | Regular | Apr 28, 2020 | May 15, 2020 | May 18, 2020 | Jun 08, 2020 |
| $0.4800 Q | Regular | Feb 04, 2020 | Feb 14, 2020 | Feb 18, 2020 | Mar 10, 2020 |
| $0.4750 Q | Regular | Oct 17, 2019 | Nov 07, 2019 | Nov 11, 2019 | Dec 03, 2019 |
| $0.4750 Q | Regular | Jul 31, 2019 | Aug 09, 2019 | Aug 12, 2019 | Sep 04, 2019 |
| $0.4750 Q | Regular | Apr 18, 2019 | May 10, 2019 | May 13, 2019 | Jun 04, 2019 |
| $0.4750 Q | Regular | Feb 05, 2019 | Feb 15, 2019 | Feb 19, 2019 | Mar 05, 2019 |
| $0.4625 Q | Regular | Oct 18, 2018 | Nov 08, 2018 | Nov 12, 2018 | Dec 04, 2018 |
| $0.4625 Q | Regular | Aug 02, 2018 | Aug 10, 2018 | Aug 13, 2018 | Sep 05, 2018 |
| $0.4625 Q | Regular | Apr 19, 2018 | May 17, 2018 | May 18, 2018 | Jun 05, 2018 |
| $0.4625 Q | Regular | Feb 06, 2018 | Feb 16, 2018 | Feb 20, 2018 | Mar 06, 2018 |
| $0.4400 Q | Regular | Oct 19, 2017 | Nov 13, 2017 | Nov 14, 2017 | Dec 05, 2017 |
| $0.4400 Q | Regular | Aug 03, 2017 | Aug 10, 2017 | Aug 14, 2017 | Sep 06, 2017 |
| $0.4400 Q | Regular | Apr 21, 2017 | May 15, 2017 | May 17, 2017 | Jun 06, 2017 |
| $0.4400 Q | Regular | Feb 13, 2017 | Feb 16, 2017 | Feb 21, 2017 | Mar 07, 2017 |
| $0.8000 M | Special | Dec 14, 2016 | Dec 22, 2016 | Dec 27, 2016 | Jan 10, 2017 |
| $0.4250 Q | Regular | Oct 25, 2016 | Nov 09, 2016 | Nov 14, 2016 | Dec 06, 2016 |
| $0.4250 Q | Regular | Jul 27, 2016 | Aug 11, 2016 | Aug 15, 2016 | Sep 07, 2016 |
| $0.4250 Q | Regular | Apr 26, 2016 | May 16, 2016 | May 18, 2016 | Jun 07, 2016 |
| $0.4250 Q | Regular | Jan 29, 2016 | Feb 12, 2016 | Feb 17, 2016 | Mar 08, 2016 |
| $0.4250 Q | Regular | Oct 19, 2015 | Nov 12, 2015 | Nov 16, 2015 | Dec 08, 2015 |
| $0.4250 Q | Regular | Jul 31, 2015 | Aug 13, 2015 | Aug 17, 2015 | Sep 09, 2015 |
| $0.4250 Q | Regular | Apr 17, 2015 | May 18, 2015 | May 20, 2015 | Jun 09, 2015 |
| $0.4250 Q | Regular | Jan 29, 2015 | Feb 13, 2015 | Feb 18, 2015 | Mar 10, 2015 |
| $0.4250 Q | Regular | Oct 16, 2014 | Nov 13, 2014 | Nov 17, 2014 | Dec 09, 2014 |
| $0.4250 Q | Regular | Jul 25, 2014 | Aug 14, 2014 | Aug 18, 2014 | Sep 09, 2014 |
| $0.4250 Q | Regular | Apr 21, 2014 | May 16, 2014 | May 20, 2014 | Jun 10, 2014 |
| $0.4250 Q | Regular | Feb 05, 2014 | Feb 13, 2014 | Feb 18, 2014 | Mar 11, 2014 |
| $0.4250 Q | Regular | Oct 17, 2013 | Nov 06, 2013 | Nov 11, 2013 | Dec 03, 2013 |
| $0.4250 Q | Regular | Jul 31, 2013 | Aug 15, 2013 | Aug 19, 2013 | Sep 10, 2013 |
| $0.4250 Q | Regular | Apr 18, 2013 | May 20, 2013 | May 22, 2013 | Jun 11, 2013 |
| $0.4250 Q | Regular | Feb 01, 2013 | Feb 14, 2013 | Feb 19, 2013 | Mar 12, 2013 |
| $0.4250 Q | Regular | Oct 22, 2012 | Nov 07, 2012 | Nov 12, 2012 | Dec 04, 2012 |
| $0.4250 Q | Regular | Jul 24, 2012 | Aug 16, 2012 | Aug 20, 2012 | Sep 11, 2012 |
| $0.4250 Q | Regular | Apr 20, 2012 | May 17, 2012 | May 21, 2012 | Jun 12, 2012 |
| $0.4250 Q | Regular | Feb 01, 2012 | Feb 15, 2012 | Feb 20, 2012 | Mar 13, 2012 |
| $0.4250 Q | Regular | Oct 26, 2011 | Nov 09, 2011 | Nov 14, 2011 | Dec 06, 2011 |
| $0.4250 Q | Regular | Jul 27, 2011 | Aug 11, 2011 | Aug 15, 2011 | Sep 07, 2011 |
| $0.4250 Q | Regular | Apr 25, 2011 | May 19, 2011 | May 23, 2011 | Jun 14, 2011 |
| $0.4250 Q | Regular | Feb 08, 2011 | Feb 10, 2011 | Feb 14, 2011 | Mar 08, 2011 |
| $0.4250 Q | Regular | Oct 26, 2010 | Nov 10, 2010 | Nov 15, 2010 | Dec 07, 2010 |
| $0.4250 Q | Regular | Jul 23, 2010 | Aug 12, 2010 | Aug 16, 2010 | Sep 08, 2010 |
| $0.4250 Q | Regular | Apr 29, 2010 | May 18, 2010 | May 20, 2010 | Jun 08, 2010 |
| $0.4250 Q | Regular | Feb 04, 2010 | Feb 10, 2010 | Feb 15, 2010 | Mar 09, 2010 |
| $0.4250 Q | Regular | Oct 08, 2009 | Nov 12, 2009 | Nov 16, 2009 | Dec 08, 2009 |
| $0.4250 Q | Regular | Jul 17, 2009 | Aug 13, 2009 | Aug 17, 2009 | Sep 09, 2009 |
| $0.4250 Q | Regular | Apr 28, 2009 | May 14, 2009 | May 18, 2009 | Jun 09, 2009 |
| $0.4250 Q | Regular | Jan 30, 2009 | Feb 11, 2009 | Feb 16, 2009 | Mar 09, 2009 |
| $0.4250 Q | Regular | Oct 23, 2008 | Nov 13, 2008 | Nov 17, 2008 | Dec 08, 2008 |
| $0.4250 Q | Regular | Jul 25, 2008 | Aug 07, 2008 | Aug 11, 2008 | Sep 02, 2008 |
| $0.4250 Q | Regular | Apr 29, 2008 | May 08, 2008 | May 12, 2008 | Jun 02, 2008 |
| $0.4250 Q | Regular | Jan 31, 2008 | Feb 07, 2008 | Feb 11, 2008 | Mar 03, 2008 |
| $0.4250 Q | Regular | Oct 24, 2007 | Nov 07, 2007 | Nov 12, 2007 | Dec 03, 2007 |
| $0.4250 Q | Regular | Jul 26, 2007 | Aug 09, 2007 | Aug 13, 2007 | Sep 04, 2007 |
| $0.4250 Q | Regular | Apr 26, 2007 | May 04, 2007 | May 08, 2007 | Jun 04, 2007 |
| $0.4250 Q | Regular | Jan 31, 2007 | Feb 08, 2007 | Feb 12, 2007 | Mar 02, 2007 |
| $0.4250 Q | Regular | Nov 16, 2006 | Nov 27, 2006 | Nov 29, 2006 | Dec 21, 2006 |
| $0.4250 Q | Regular | Aug 03, 2006 | Aug 10, 2006 | Aug 14, 2006 | Sep 08, 2006 |
| $0.4250 Q | Regular | Apr 27, 2006 | May 08, 2006 | May 10, 2006 | Jun 08, 2006 |
| $0.4250 Q | Regular | Jan 23, 2006 | Feb 03, 2006 | Feb 07, 2006 | Mar 03, 2006 |
| $0.4250 Q | Regular | Nov 15, 2005 | Nov 23, 2005 | Nov 28, 2005 | Dec 16, 2005 |
| $0.4250 Q | Regular | Jul 26, 2005 | Aug 04, 2005 | Aug 08, 2005 | Sep 02, 2005 |
| $0.4250 Q | Regular | Apr 26, 2005 | May 13, 2005 | May 17, 2005 | Jun 03, 2005 |
| $0.4250 Q | Regular | Jan 25, 2005 | Feb 03, 2005 | Feb 07, 2005 | Mar 04, 2005 |
| $0.4250 Q | Regular | Oct 26, 2004 | Nov 04, 2004 | Nov 08, 2004 | Dec 03, 2004 |
| $0.4250 Q | Regular | Jul 27, 2004 | Aug 05, 2004 | Aug 09, 2004 | Sep 03, 2004 |
| $0.4250 Q | Regular | Apr 29, 2004 | May 06, 2004 | May 10, 2004 | Jun 04, 2004 |
| $0.4250 Q | Regular | Feb 03, 2004 | Feb 11, 2004 | Feb 13, 2004 | Mar 05, 2004 |
| $0.4250 Q | Regular | Oct 28, 2003 | Nov 06, 2003 | Nov 10, 2003 | Dec 05, 2003 |
| $0.4250 Q | Regular | Jul 29, 2003 | Aug 06, 2003 | Aug 08, 2003 | Aug 29, 2003 |
| $0.4250 Q | Regular | Apr 24, 2003 | May 05, 2003 | May 07, 2003 | May 20, 2003 |
| $0.5850 Q | Regular | Jan 28, 2003 | Feb 06, 2003 | Feb 10, 2003 | Feb 24, 2003 |
| $0.5850 Q | Regular | Nov 06, 2002 | Nov 14, 2002 | Nov 18, 2002 | Nov 26, 2002 |
| $0.5850 Q | Regular | Aug 01, 2002 | Aug 07, 2002 | Aug 09, 2002 | Aug 22, 2002 |
| $0.5850 Q | Regular | Apr 23, 2002 | May 02, 2002 | May 06, 2002 | May 17, 2002 |
| $0.5850 Q | Regular | Jan 29, 2002 | Feb 06, 2002 | Feb 08, 2002 | Feb 21, 2002 |
| $0.5850 Q | Regular | Nov 06, 2001 | Nov 14, 2001 | Nov 16, 2001 | Nov 29, 2001 |
| $0.5850 Q | Regular | Jul 31, 2001 | Aug 08, 2001 | Aug 10, 2001 | Aug 23, 2001 |
| $0.5700 Q | Regular | Apr 25, 2001 | May 02, 2001 | May 04, 2001 | May 17, 2001 |
| $0.5700 Q | Regular | Jan 30, 2001 | Feb 07, 2001 | Feb 09, 2001 | Feb 22, 2001 |
| $0.5700 Q | Regular | Nov 06, 2000 | Nov 14, 2000 | Nov 16, 2000 | Nov 29, 2000 |
| $0.5700 Q | Regular | Aug 01, 2000 | Aug 08, 2000 | Aug 10, 2000 | Aug 23, 2000 |
| $0.5550 Q | Regular | Apr 27, 2000 | May 02, 2000 | May 04, 2000 | May 17, 2000 |
| $0.5550 Q | Regular | Jan 31, 2000 | Feb 08, 2000 | Feb 10, 2000 | Feb 18, 2000 |
| $0.5550 Q | Regular | Oct 20, 1999 | Nov 08, 1999 | Nov 10, 1999 | Nov 19, 1999 |
| $0.5550 Q | Regular | Jul 26, 1999 | Aug 03, 1999 | Aug 05, 1999 | Aug 18, 1999 |
| $0.5400 Q | Regular | Apr 29, 1999 | May 05, 1999 | May 07, 1999 | May 19, 1999 |
| $0.5400 Q | Regular | Jan 25, 1999 | Feb 02, 1999 | Feb 04, 1999 | Feb 17, 1999 |
| $0.5400 Q | Regular | Oct 30, 1998 | Nov 06, 1998 | Nov 10, 1998 | Nov 18, 1998 |
| $0.5400 Q | Regular | Jul 27, 1998 | Aug 04, 1998 | Aug 06, 1998 | Aug 19, 1998 |
| $0.5100 Q | Regular | Apr 28, 1998 | May 05, 1998 | May 07, 1998 | May 20, 1998 |
| $0.5100 Q | Regular | Jan 27, 1998 | Feb 03, 1998 | Feb 05, 1998 | Feb 18, 1998 |
| $0.5100 Q | Regular | Nov 06, 1997 | Nov 12, 1997 | Nov 14, 1997 | Nov 21, 1997 |
| $0.5100 Q | Regular | Jul 29, 1997 | Aug 06, 1997 | Aug 08, 1997 | Aug 20, 1997 |
| $0.4800 Q | Regular | Apr 29, 1997 | May 07, 1997 | May 09, 1997 | May 21, 1997 |
Peer Comparison
Selected REIT - Office dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| KRC | Kilroy Realty Corporation | 6.08% | 1.9% | 0 yrs | 74 |
| CDP | COPT Defense Properties | 3.82% | 2.1% | 3 yrs | 72 |
| ARE | Alexandria Real Estate Equities, Inc. | 7.22% | 2.0% | 0 yrs | 65 |
| CUZ | Cousins Properties Incorporated | 4.49% | 1.5% | 0 yrs | 64 |
Related Guides & Lists
HIW dividend — frequently asked questions
Does Highwoods Properties, Inc. pay a dividend?
Yes. Highwoods Properties, Inc. (HIW) currently pays a dividend. The annualized dividend is about $2.00 per share, a yield of approximately 6.85%.
What is Highwoods Properties, Inc.'s dividend yield?
Highwoods Properties, Inc.'s dividend yield is approximately 6.85%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Highwoods Properties, Inc. pay dividends?
Highwoods Properties, Inc. pays dividends quarterly — 4 times per year.
When is Highwoods Properties, Inc.'s next ex-dividend date?
The next declared ex-dividend date for Highwoods Properties, Inc. is November 16, 2026. The associated payment is $0.5000 per share; you must own the shares before the ex-dividend date to receive it.
How long has Highwoods Properties, Inc. paid dividends?
Highwoods Properties, Inc. has 32 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.