Tuesday, January 21, 2014

Cousins Properties Announces 67 Percent Increase in Its First Quarter 2014 Common Stock Dividend


Larry Gellerstedt
ATLANTA, GA --Cousins Properties Incorporated (NYSE: CUZ) announced its Board of Directors has declared a cash dividend of $0.075 per common share for the first quarter of 2014, representing a 67% increase over the prior quarter's common dividend.

The first quarter dividend will be payable February 24, 2014, to common stockholders of record on February 10, 2014. The $0.075 per share quarterly common dividend equates to $0.30 per share on an annualized basis.

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 February 17, 2014, to Series B preferred stockholders of record on February 3, 2014.

"We are excited to provide our stockholders with such a large increase in our common dividend. The increase is driven by the successful execution of our strategic plan over the last three years," said Larry Gellerstedt, President and CEO. "We are confident that our cash flow going forward adequately supports this increased dividend rate."

 For a complete copy of the company’s news release, please contact:

Cousins Properties Incorporated
Marli Quesinberry, 404-407-1898
Director of Investor Relations and Corporate Communications


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