Cousins Properties Incorporated announced that its Board of Directors has declared a cash dividend of $0.08 per common share for the first quarter of 2015, representing a 7% increase over the prior quarter's common dividend. The first quarter dividend will be payable February 23, 2015, to common stockholders of record on February 6, 2015. The $0.08 per share quarterly common dividend equates to $0.32 per share on an annualized basis.