Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend – StockTitan

Hudson Pacific Properties announced that they have decided to suspend their common stock dividend. Instead, they have declared a dividend for their preferred stock. This move reflects the company’s decision to prioritize their preferred stockholders over their common stockholders. Hudson Pacific Properties has not provided a reason for this decision, but it may be due to financial considerations or a shift in their business strategy. Investors should take note of this development and consider how it may impact their investment in Hudson Pacific Properties.