'Hudson Pacific's improved liquidity position, strengthened balance sheet and anticipated taxable income distribution requirements for 2024 resulted in our Board's decision to reinstate our common stock dividend,' said
The Board of Directors has also declared a dividend for the first quarter of 2024 on its 4.750% Series C cumulative preferred stock of
About
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as 'may,' 'will,' 'should,' 'expects,' 'intends,' 'plans,' 'anticipates,' 'believes,' 'estimates,' 'predicts,' or 'potential' or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events, or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company's control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled 'Risk Factors' in the Company's Annual Report on Form 10-K filed with the
Contact:
Investor
Executive Vice President, Investors & Marketing
(310) 622-1702
lcampbell@hudsonppi.com
Media
Vice President, Communications
(310) 622-1781
lmurray@hudsonppi.com
(C) 2024 Electronic News Publishing, source