JACKSON, Miss., Nov. 3 /PRNewswire-FirstCall/ -- Parkway Properties,
Inc. (NYSE: PKY) announced today that its Board of Directors declared a
quarterly dividend of sixty-five cents ($.65) per share payable on December
27, 2006, to shareholders of record of Common Stock on December 13, 2006.
This dividend is the eighty-first (81st) consecutive quarterly distribution
to Parkway's shareholders of Common Stock and represents an annualized
dividend rate of $2.60 per share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO )
The Board of Directors also declared a quarterly dividend of
seventy-three cents ($.73) per share to be paid January 15, 2007 to
shareholders of record of Series B Preferred Stock on December 29, 2006 and
a quarterly dividend of fifty cents ($.50) per share payable on January 15,
2007 to shareholders of record of Series D Preferred Stock on December 29,
2006.
Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a
self-administered real estate investment trust specializing in the
operation, acquisition, ownership, management, and leasing of office
properties. The Company is geographically focused on the Southeastern and
Southwestern United States and Chicago. Parkway owns or has an interest in
67 office properties located in 11 states with an aggregate of
approximately 12,812,000 square feet of leasable space as of November 3,
2006. The Company also offers fee-based real estate services through its
wholly owned subsidiary, Parkway Realty Services, to its owned properties
and to its third party and minority interest properties.
Parkway Properties, Inc.'s press releases and additional information
about the Company are available on the World Wide Web at http://www.pky.com.
CONTACT: Steven G. Rogers
President & Chief Executive Officer
William R. Flatt
Chief Financial Officer
(601) 948-4091
SOURCE Parkway Properties, Inc.
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Related links:
http://www.pky.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/103115.html/
CONTACT:
Steven G. Rogers, President & Chief Executive
Officer, or William R. Flatt, Chief Financial Officer, both of
Parkway Properties, Inc., +1-601-948-4091
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