Cousins Properties Boosts Common Dividend 67%

(RTTNews) - Cousins Properties Inc. (CUZ) said Thursday that 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 on February 24 to common stockholders of record on February 10.

The company's 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 is payable February 17 to Series B preferred stockholders of record on February 3.