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May 15, 2014 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:PKY) announced today that its Board of Directors has declared a quarterly dividend of
$0.1875 per share, payable on
June 25, 2014 to shareholders of record for Common Stock on
June 11, 2014. This dividend is the 111th consecutive quarterly distribution to Parkway's shareholders of Common Stock and represents an annualized dividend rate of
$0.75 per share.
About Parkway Properties
Parkway Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership and management of quality office properties in higher growth submarkets in the Sunbelt region of
the United States. Parkway owns or has an interest in 49 office properties located in eight states with an aggregate of approximately 17.6 million square feet at
April 1, 2014. Parkway also offers fee-based real estate services which manage and/or lease approximately 11.3 million square feet for third parties as of
April 1, 2014. Additional information about Parkway is available on the company's website at
Contact:Ted McHughDirector of Investor Relations(407) 650-0593
SOURCE Parkway Properties, Inc.