LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (the “Company”) (NYSE: HPP) announced that the Company’s Board of Directors has declared a quarterly dividend on its common stock of $0.125 per share for the third quarter of 2014. The dividend will be paid on September 30, 2014 to stockholders of record on September 20, 2014.
In addition, the Board of Directors also declared a dividend for the third quarter of 2014 on its 8.375% Series B Cumulative Preferred Stock of $0.52344 per share. The dividend will be paid on September 30, 2014 to stockholders of record on September 20, 2014.
About Hudson Pacific Properties
Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in the Pacific Northwest and Northern and Southern California. The Company’s strategic investment program targets high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics in select target markets, including Los Angeles, Orange County, San Diego, San Francisco and Seattle. The Company’s portfolio currently consists of approximately 6.3 million square feet, not including undeveloped land that the Company believes can support an additional 1.9 million square feet. The Company has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Hudson Pacific Properties is a component of the Russell 2000® and the Russell 3000® indices.
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