PIEDMONT OFFICE REALTY TRUST DECLARES FOURTH QUARTER DIVIDEND
Piedmont Office Realty Trust (PDM) declares a regular quarterly cash dividend of $0.125 per share for Q4 2023.
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Piedmont Office Realty Trust (PDM) declares a regular quarterly cash dividend of $0.125 per share for Q4 2023. The dividend will be paid on January 2, 2024, to stockholders of record as of November 24, 2023.
10/25/2023 - 04:20 PM
Atlanta, Oct. 25, 2023 (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 $0.12 5 per share, or $0.50 per share on an annualized basis, for the fourth quarter of 2023. The dividend will be paid on January 2, 2024 to stockholders of record as of the close of business on November 24, 2023.
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 major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 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 S&P Global Ratings (BBB) and Moody’s (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year. For more information, see www.piedmontreit.com
Forward-Looking Statements Certain statements in this press release, including statements regarding future business operations, may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. Our actual results may differ materially from projections. For a discussion of some of the risks and uncertainties that could cause actual results to differ materially from those presented in our forward-looking statements, see Piedmont Office Realty Trust’s filings with the Securities and Exchange Commission, including the most recent annual report on Form 10-K. We caution readers not to place undue reliance on these forward-looking statements, which are based on current expectations and speak as of the date of such statements. We make no representations or warranties (express or implied) about the accuracy of, nor do we intend to publicly update or revise any such forward-looking statements contained herein, whether as a result of new information, future events, or otherwise. investor.services@piedmontreit.com
What is the dividend declared by Piedmont Office Realty Trust (PDM) for Q4 2023?
Piedmont Office Realty Trust (PDM) has declared a regular quarterly cash dividend of $0.125 per share for the fourth quarter of 2023.
When will the dividend be paid?
The dividend will be paid on January 2, 2024.
Who is eligible to receive the dividend?
Stockholders of record as of the close of business on November 24, 2023, are eligible to receive the dividend.
Piedmont Office Realty Trust Inc
PDM Rankings
#4701 Ranked by Stock Gains
PDM Stock Data
Industry
Lessors of Nonresidential Buildings (except Miniwarehouses)
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Real Estate and Rental and Leasing, Lessors of Nonresidential Buildings (except Miniwarehouses)
About PDM
piedmont office realty trust, inc. (nyse: pdm) is a fully integrated and self-managed real estate investment trust (reit) specializing in the ownership and management of high-quality class a office buildings located primarily in the ten largest u.s. office markets, including chicago, washington, d. c., new york, dallas, los angeles, and boston. piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. the company is headquartered in atlanta, ga, with local management offices in each of its major markets. investment-grade rated by standard & poor's (bbb) and moody's (baa2), piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.
