Cousins Properties (CUZ) on March 21, 2022 announced a 3.2% dividend increase to $0.32 quarterly per share. This next CUZ dividend will be payable on April 14, 2022, to common shareholders of record on April 5, 2022. The new annual dividend rate of $1.28 per share yields 4.4% at a stock price of $29.24 for CUZ.

Last year CUZ announced a 3.3 percent dividend hike to 31 cents quarterly. This 2022 dividend increase just announced will mark 5 consecutive years of increased dividends.

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.