Hudson Pacific Properties Declares Second Quarter 2023 Dividends
09 Giugno 2023 - 3:00PM
Business Wire
Hudson Pacific Properties, Inc. (NYSE: HPP), a unique
provider of end-to-end real estate solutions for dynamic tech and
media tenants in global epicenters for these synergistic,
converging and secular growth industries, today announced its Board
of Directors has declared a dividend for the second quarter of 2023
on its common stock of $0.125 per share, equivalent to an annual
rate of $0.50 per share, which compares to the Company’s previous
quarterly dividend on its common stock of $0.25 per share. In
addition, the Board of Directors declared a dividend on its 4.750%
Series C cumulative preferred stock of $0.296875 per share,
equivalent to an annual rate of $1.18750 per share. Both dividends
will be paid on June 30, 2023 to stockholders of record on June 20,
2023. Hudson Pacific currently has more than $800 million in total
liquidity, inclusive of construction loan availability, and the new
dividend rate on the Company’s common stock will provide an
additional $18 million of liquidity this quarter.
About Hudson Pacific Properties
Hudson Pacific Properties (NYSE: HPP) is a real estate
investment trust serving dynamic tech and media tenants in global
epicenters for these synergistic, converging and secular growth
industries. Hudson Pacific’s unique and high-barrier tech and media
focus leverages a full-service, end-to-end value creation platform
forged through deep strategic relationships and niche expertise
across identifying, acquiring, transforming and developing
properties into world-class amenitized, collaborative and
sustainable office and studio space. For more information visit
HudsonPacificProperties.com.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as "may," "will," "should,"
"expects," "intends," "plans," "anticipates," "believes,"
"estimates," "predicts," or "potential" or the negative of these
words and phrases or similar words or phrases that are predictions
of or indicate future events, or trends and that do not relate
solely to historical matters. Forward-looking statements involve
known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond the company's control,
which may cause actual results to differ significantly from those
expressed in any forward-looking statement. All forward-looking
statements reflect the company's good faith beliefs, assumptions
and expectations, but they are not guarantees of future
performance. Furthermore, the company disclaims any obligation to
publicly update or revise any forward-looking statement to reflect
changes in underlying assumptions or factors, of new information,
data or methods, future events or other changes. For a further
discussion of these and other factors that could cause the
company's future results to differ materially from any
forward-looking statements, see the section entitled "Risk Factors"
in the company's Annual Report on Form 10-K filed with the
Securities and Exchange Commission, or SEC, and other risks
described in documents subsequently filed by the company from time
to time with the SEC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230609005114/en/
Investor Contact: Laura Campbell Executive Vice
President, Investor Relations & Marketing (310) 622-1702
lcampbell@hudsonppi.com
Media Contact: Laura Murray Senior Director,
Communications (310) 622-1781 lmurray@hudsonppi.com
Grafico Azioni Hudson Pacific Properties (NYSE:HPP)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Hudson Pacific Properties (NYSE:HPP)
Storico
Da Mag 2023 a Mag 2024