Highwoods Declares Quarterly Dividends

RALEIGH, NC – November 2, 2021

RALEIGH, NC – November 2, 2021 – Highwoods Properties, Inc. (NYSE:HIW) announces its
Board of Directors today declared a cash dividend of $0.50 per share of common stock for the
quarter ended September 30, 2021, which equates to an annualized dividend of $2.00 per share.
This quarterly dividend is payable on December 7, 2021 to all holders of record as of November
15, 2021.
The Board also declared a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series
A Cumulative Redeemable Preferred Stock. The dividend is payable on November 30, 2021,
which is the next regularly scheduled dividend payment date, to all holders of record as of
November 15, 2021.
About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real
estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a
fully-integrated office REIT that owns, develops, acquires, leases and manages properties
primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh,
Raleigh, Richmond and Tampa. For more information about Highwoods, please visit our website
at www.highwoods.com.

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REIT Profile

Highwoods Properties, Inc.
Symbol: HIW
CIK: 921082
Exchange: NYSE
Founded: 1978 (46 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Office, Industrial, Retail

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