HIW Dividend History & Analysis | 7.7% Yield

HIW has a dividend yield of 7.7% and paid 2 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.69%
Payout Ratio 3.9%
Growth Rate CAGR 5y -
Consistency Lifetime 97.5%
Yield on Cost 5y 6.2%
Payout FCF 69.3%
Streak Years 5
Dividend Rating 50.7%
Chowder Number yield + growth 7.7% below 12% target for healthy growth
Yield vs Average 5y +19.4% avg 6.44% vs now 7.69%
Debt / EBITDA leverage 6.6x elevated
Income per 10k invested 769 USD per year
Dividends Cash Amount per Share Yearly HIW annual dividends paid per share, showing the total cash Highwoods Properties distributed to shareholders each year.
Dividend Growth Year over Year HIW year-over-year dividend growth rate, showing how Highwoods Properties's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History HIW dividend yield history versus share price over the past 5 years, showing how Highwoods Properties's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

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Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
AIV NYSE
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414 M 116.79% 265.01%
SITC NYSE
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221 M 93.61% 247.89%
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698 M 11.72% 11.89%
HST NASDAQ
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CTO NYSE
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719 M 8.32% 12.97%
PK NYSE
Park Hotels & Resorts
2,940 M 8.72% 8.46%
APLE NYSE
Apple Hospitality REIT
3,909 M 7.64% 9.13%
LI PA
Klepierre
12,304 M 5.50% 12.91%
EPR NYSE
EPR Properties
4,555 M 6.63% 10.37%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
RLJ NYSE
RLJ Lodging Trust
1,733 M 74.78% 91.7%
DRH NYSE
Diamondrock Hospitality
2,484 M 62.76% 100.0%
SITC NYSE
Site Centers
221 M 53.72% 81.4%
MRP NYSE
Millrose Properties
4,711 M 54.95% 100.0%
PK NYSE
Park Hotels & Resorts
2,940 M 39.66% 75.9%
URW PA
Unibail-Rodamco-Westfield
17,042 M 34.10% 100.0%
AIV NYSE
Apartment Investment
414 M 37.99% 41.8%
G24 XETRA
Scout24
5,959 M 15.35% 100.0%
EQIX NASDAQ
Equinix
100,946 M 14.72% 100.0%
JOE NYSE
St Joe
3,488 M 14.44% 100.0%

HIW Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 1.80% 100
Mar - -
Apr - -
May 1.86% 100
Jun - -
Jul - -
Aug 1.64% 100
Sep - -
Oct - -
Nov 1.78% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-18 2026-05-18 2026-06-09 Quarterly 0.5 0% 1.99%
2026-02-17 2026-02-17 2026-03-10 Quarterly 0.5 0% 2.21%
2025-11-17 2025-11-17 2025-12-09 Quarterly 0.5 0% 1.75%
2025-08-18 2025-08-18 2025-09-09 Quarterly 0.5 0% 1.74%
2025-05-19 2025-05-19 2025-06-10 Quarterly 0.5 0% 1.67%
2025-02-18 2025-02-18 2025-03-11 Quarterly 0.5 0% 1.74%
2024-11-18 2024-11-18 2024-12-10 Quarterly 0.5 0% 1.61%
2024-08-19 2024-08-19 2024-09-10 Quarterly 0.5 0% 1.6%
2024-05-17 2024-05-20 2024-06-11 Quarterly 0.5 0% 1.89%
2024-02-16 2024-02-20 2024-03-12 Quarterly 0.5 0% 2.19%
2023-11-17 2023-11-20 2023-12-12 Quarterly 0.5 0% 2.69%
2023-08-18 2023-08-21 2023-09-12 Quarterly 0.5 0% 2.26%
2023-05-19 2023-05-22 2023-06-13 Quarterly 0.5 0% 2.46%
2023-02-17 2023-02-21 2023-03-14 Quarterly 0.5 0% 1.74%
2022-11-18 2022-11-21 2022-12-13 Quarterly 0.5 0% 1.77%
2022-08-19 2022-08-22 2022-09-13 Quarterly 0.5 0% 1.48%
2022-05-20 2022-05-23 2022-06-14 Quarterly 0.5 0% 1.29%
2022-02-18 2022-02-22 2022-03-15 Quarterly 0.5 0% 1.15%
2021-11-12 2021-11-15 2021-12-07 Quarterly 0.5 0% 1.07%
2021-08-13 2021-08-16 2021-09-08 Quarterly 0.5 0% 1.1%

HIW Dividend FAQ

What is the Dividend Yield of HIW?

As of July 2026, HIW's dividend yield is 7.69%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.00 USD by the current share price of 33.32.

Does HIW pay a dividend?

As of July 2026, HIW paid a dividend of 2.00 USD in the last 12 months. The last dividend was paid on 2026-05-18 and the payout was 0.5 USD.

How often does HIW pay dividends?

HIW pays dividends quarterly. Over the last 12 months, HIW has issued 4 dividend payments. The last dividend payment was made on 2026-05-18.

HIW dividend forecast

Based on historical data, the forecasted dividends per share for HIW for the next payments are between 0.5 (+0.0%) and 0.5 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 6.00%.

Will HIW pay dividends in 2026?

The latest dividend paid per share was 0.5 USD with an Ex-Dividend Date of 2026-05-18. The next Ex-Dividend date for Highwoods Properties (HIW) is currently unknown.

What is the next Ex-Dividend Date for HIW?

The next Ex-Dividend date for Highwoods Properties (HIW) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of HIW?

HIW's average dividend growth rate over the past 5 years is 0.00% per year.

What is the Yield on Cost of HIW?

HIW's 5-Year Yield on Cost is 6.20%. If you bought HIW's shares at 32.28 USD five years ago, your current annual dividend income (2.00 USD per share, trailing 12 months) equals 6.20% of your original purchase price.

What is the Payout Consistency of HIW?

HIW Payout Consistency is 97.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Highwoods Properties has a strong track record of consistent dividend payments over its lifetime.

Does HIW have a good Dividend Yield?

HIW's 7.69% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of HIW?

The Dividend Payout Ratio of HIW is 3.9%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of HIW?

HIW's Overall Dividend Rating is 50.68%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

HIW Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in HIW's Outstanding Shares?

Highwoods Properties's outstanding shares have increased by approximately 2.63% annually over the past 3 years (Trend Reliability: 95.5%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has HIW ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1994 8,571,400 0%
1995 19,473,700 +127.19%
1996 35,454,500 +82.06%
1997 49,555,600 +39.77%
1998 59,777,800 +20.63%
1999 60,406,000 +1.05%
2000 56,393,000 -6.64%
2001 52,896,000 -6.2%
2002 53,428,000 +1.01%
2003 53,542,000 +0.21%
2004 53,274,000 -0.5%
2005 53,644,000 +0.69%
2006 56,040,000 +4.47%
2007 56,729,000 +1.23%
2008 63,631,000 +12.17%
2009 71,414,000 +12.23%
2010 71,817,000 +0.56%
2011 72,836,000 +1.42%
2012 81,029,000 +11.25%
2013 89,966,000 +11.03%
2014 93,222,000 +3.62%
2015 96,373,000 +3.38%
2016 101,738,000 +5.57%
2017 103,324,000 +1.56%
2018 103,600,000 +0.27%
2019 103,813,000 +0.21%
2020 103,896,000 +0.08%
2021 107,139,000 +3.12%
2022 105,210,900 -1.8%
2023 105,710,300 +0.47%
2024 107,624,000 +1.81%
2025 109,905,200 +2.12%
2026 112,062,000 +1.96%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-16 02:38 UTC