Parkway Announces Approval Of 50% Increase In Third Quarter 2012 Dividend to $0.1125 per share

Parkway Properties, Inc. PKY announced today that its Board of Directors declared a quarterly dividend of $0.1125 per share, a 50% increase from the prior quarterly amount and higher than the previously announced anticipated increase. The dividend is payable on September 26, 2012 to shareholders of record for Common Stock on September 12, 2012. This dividend is the 104th consecutive quarterly distribution to Parkway's shareholders of Common Stock and represents an annualized dividend rate of $0.45 per share.