Highwoods Properties (HIW) Dividend Coverage Ratio (2009 - 2026)
Highwoods Properties' Dividend Coverage Ratio came in at 0.58 for Q3 2026, up 141.6% from 0.24 a year earlier but down 66.0% from the prior quarter.
Highwoods Properties (HIW) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Highwoods Properties reported Dividend Coverage Ratio of 0.84, up 45.0% year-over-year; for FY2025, it was 0.73, up 54.4% from FY2024.
- Going back by year, Dividend Coverage Ratio was 0.47 in FY2024 (-32.2%), 0.69 in FY2023 (-7.0%), 0.74 in FY2022 (-51.1%) and 1.52 in FY2021 (-12.0%).
- The five-year range for quarterly Dividend Coverage Ratio is -0.07 (Q4 2024) to 2.39 (Q4 2021).
- Year-over-year, Dividend Coverage Ratio increased in three of the last six quarters, with growth averaging 109.3%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q2 2026 (growth of 400.2%), and the weakest in Q4 2022 (a decline of 78.1%).
- Business Quant data shows HIW's Dividend Coverage Ratio at 1.69 (Q2 2026), 0.57 (Q1 2026) and 0.52 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 3.97 |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 9.20 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 0.53 |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 0.24 |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 0.53 |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 0.73 |
| 10 | Highwoods Properties | 3.43 Bn | 3.14 Bn | - | 0.58 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.58 |
| Jun 30, 2026 | 1.69 |
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 1.81 |
| Dec 31, 2024 | -0.07 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 1.19 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.72 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.83 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | 0.96 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 2.39 |
Highwoods Properties Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "HIW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();