NEW YORK ( TheStreet) -- The ex-dividend date for Highwoods Properties Inc (NYSE: HIW) is tomorrow, November 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $31.01 as of 9:30 a.m. ET, the dividend yield is 5.5%. The average volume for Highwoods has been 1.2 million shares per day over the past 30 days. Highwoods has a market cap of $2.2 billion and is part of the financial sector and real estate industry. Shares are down 3.1% year to date as of the close of trading on Monday. Highwoods Properties, Inc. is a real estate investment trust. The trust engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties. It invests in the real estate markets of United States. The company has a P/E ratio of 65.7, above the average real estate industry P/E ratio of 61.8 and above the S&P 500 P/E ratio of 17.7.
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