Piedmont Realty Trust, Inc. (PDM)
Piedmont Office Realty Trust, Inc. (PDM) is a real estate investment trust that specializes in owning, managing, and leasing office properties primarily in high-growth markets across the United States. Founded in 1997 and headquartered in Raleigh, North Carolina, the company focuses on acquiring and developing Class A office spaces to meet the needs of corporate tenants. Piedmont Office Realty emphasizes quality properties in strategic locations, aiming to generate stable rental income and long-term value for its shareholders.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 14, 2025 | $0.12 | 2025-02-21 | 2025-02-21 |
| January 2, 2025 | $0.12 | 2024-11-22 | 2024-11-22 |
| September 20, 2024 | $0.12 | 2024-08-23 | 2024-08-23 |
| June 14, 2024 | $0.12 | 2024-05-23 | 2024-05-24 |
| March 15, 2024 | $0.12 | 2024-02-22 | 2024-02-23 |
Dividends Summary
- Piedmont Realty Trust, Inc. has issued 62 dividend payments over the past 15 years
- The most recent dividend was paid 222 days ago, on March 14, 2025
- The highest dividend payed out to investors during this period was $0.50 per share
- The average dividend paid during this period was $0.22 per share.
Company News
Piedmont Office Realty Trust, a leading owner of Class A office properties in the Sunbelt, reported strong leasing activity in Q3 2024, with over 461,000 square feet of new leases, 45% of which were with new tenants. The company's in-service leased percentage reached 88.8% as of September 30, 2024, and its contractual backlog stands at 1.5 millio...
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Piedmont's (PDM) securing of a new lease with Travel + Leisure at Downtown, Orlando highlights solid demand for its office buildings.
A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February’s 3.2%, surpassing expectations set at 3.4%. Adding to concerns, core inflation, which excludes ener...
A lot of what happens regarding dividends takes place in public, which often makes it possible to sniff out risks before they become problems.
