PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND

Rhea-AI Summary

Piedmont Office Realty Trust (NYSE: PDM), a real estate investment trust (REIT), has announced its first quarter dividend for 2025. The company's board of directors has declared a regular quarterly cash dividend of $0.125 per share, which amounts to $0.50 per share on an annualized basis. The dividend will be distributed on March 14, 2025, to stockholders who are on record as of the close of business on February 21, 2025.

Positive

• Maintains consistent quarterly dividend payment of $0.125 per share
• Annualized dividend yield of $0.50 per share

Negative

• None.

News Market Reaction

+0.12%

1 alert

+0.12% News Effect

On the day this news was published, PDM gained 0.12%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND

Atlanta, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2025. The dividend will be paid on March 14, 2025 to stockholders of record as of the close of business on February 21, 2025.

About Piedmont Office Realty Trust

Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion, predominantly unencumbered portfolio is currently comprised of approximately 16 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by Moody’s (Baa3). Piedmont is a 2024 ENERGY STAR Partner of the Year – Sustained Excellence. For more information, see www.piedmontreit.com.

Shareholder Services/Transfer Agent Services Contact:
Computershare, Inc.
866-354-3485
investor.services@piedmontreit.com

FAQ

What is Piedmont Office Realty Trust's Q1 2025 dividend amount?

Piedmont Office Realty Trust (PDM) declared a quarterly dividend of $0.125 per share for Q1 2025.

When is the payment date for PDM's Q1 2025 dividend?

The Q1 2025 dividend will be paid on March 14, 2025.

What is the record date for Piedmont's Q1 2025 dividend?

The record date for the Q1 2025 dividend is February 21, 2025.

What is PDM's annualized dividend rate for 2025?

PDM's annualized dividend rate is $0.50 per share, based on the quarterly dividend of $0.125.