PARAMOUNT GROUP, INC. (PGRE) Dividend History

Paramount Group, Inc. (PGRE) is a real estate investment trust (REIT) that focuses on the ownership, management, and development of office properties primarily in prime urban markets. Founded in 2013, the company emphasizes high-quality, innovative workspace solutions in major metropolitan areas, including New York City, San Francisco, and Washington, D.C. Paramount Group aims to create value through strategic acquisitions, development, and leasing of its premium real estate assets.

1633 Broadway, Suite 1801, New York, NY, 10019
Phone: 212-237-3100
Website: https://www.pgre.com
Dividend Yield: 2.20%
Dividend Frequency: Quarterly

Dividend History

Pay Date Amount Ex Dividend Date Record Date
July 15, 2024 $0.04 06/28/2024 06/28/2024
April 15, 2024 $0.04 03/27/2024 03/28/2024
January 12, 2024 $0.04 12/28/2023 12/29/2023
October 13, 2023 $0.04 09/28/2023 09/29/2023
July 14, 2023 $0.04 06/29/2023 06/30/2023
Show more

Dividends Summary

  • PARAMOUNT GROUP, INC. has issued 39 dividend payments over the past 9 years
  • The most recent dividend was paid 373 days ago, on July 15, 2024
  • The first recorded dividend was paid on March 27, 2015
  • The highest dividend payout was $0.10 per share
  • The average dividend over this 9 year span is $0.08 per share
  • PARAMOUNT GROUP, INC. has decreased its dividend payments by 10.26% since 2015

Company News

  • Healthpeak Properties, Inc. (DOC) is well-positioned to benefit from its diversified healthcare real estate assets, particularly its lab and continuing care retirement community (CCRC) portfolios. However, it faces competition and challenges from a high-interest rate environment.

    Zacks Investment Research
    Featured Companies: DOC NHI
  • The office real estate market has entered a challenging year, grappling with significant challenges represented by disruptive industry trends and upcoming financial maturities. As highlighted by recent data from Trepp, an astounding $2.77 trillion of commercial real estate debt, accounting for half of all outstanding commercial real estate debt, is set to mature between 2023 and 2027. Of this, nearly $500 billion is due in 2024 alone. This looming maturity cliff, coupled with declining property values and high-for-longer interest rates, presents a daunting challenge for both lenders and borrowers in refinancing this volume of debt. Commercial Mortgage Maturities by Lender Type Year Total Due ($ Billion) Banks ($ Billion) CMBS ($ Billion) Life Cos ($ Billion) GSE ($ Billion) Other ($ Billion) 2023 $541.2 $270.4 $107.7 $42.5 $58.4 $62.2 2024 $544.3 $277.2 $81.7 $46.7 $68.9 $69.7 2025 $533.2 $283.1 $53.3 $49.1 $82.3 $65.3 2026 $561.4 $298.3 $40.7 $52.3 $102.3 $67.9 2027 $602.0 $313.8 $40.7 $55.9 $120.4 $71.2 2028 $565.9 $293.3 $35.7 $57.1 $113.3 $66.5 Total (2024-2028) $2,806.7 $1,465.8 $252.1 $261.1 $487.2 $340.5 Source: Trepp Inc., based on Federal Reserve Flow of Funds Data Office Real Estate Industry Confronts Major Hurdles Dr. Stephen Buschbom, the research director at Trepp, stated in a recent note that higher interest rates and tighter liquidity created significant challenges for new transactions and refinancing maturing loans. He compared the current situation in the commercial real estate (CRE) and CRE debt markets to past economic cycles. “Maybe the office delinquency rate hits 7%, and I think if you're talking about urban office, non-defeased, that still is a reality,” he wrote. Buschbom noted an increase in ...Full story available on Benzinga.com

    Benzinga
    Featured Companies: DESK HPP KIM ONL SPY VNO XLRE
  • REITs have historically delivered competitive total returns and steady dividend income. But office REITs are on the decline. Click here to learn why.

    Seeking Alpha
    Featured Companies: BDN VNO
  • A new YouTube service could see Alphabet throw its hat into the streaming ring.

    The Motley Fool
    Featured Companies: AAPL AMCX AMZN CMCSA DIS GOOG GOOGL NFLX ROKU
Page data last updated 07/23/2025 11:41:38 UTC Dividend yield is calculated using only dividends that have already been paid. Future or declared dividends are not included