Piedmont Office Realty Trust, Inc.

Piedmont Office Realty Trust, Inc.verified

PDM

Price:

$9.44

Market Cap:

$1.17B

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 select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, 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). At the end of the third quarter, approximately 63%...[Read more]

Industry

REIT - Office

IPO Date

2010-02-10

Stock Exchange

NYSE

Ticker

PDM

The Dividend Yield as of September 2024 (TTM) for Piedmont Office Realty Trust, Inc. (PDM) is 5.30%

According to Piedmont Office Realty Trust, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 5.30%. This represents a change of 174.86% compared to the average of 1.93% of the last 4 quarters.

Piedmont Office Realty Trust, Inc. (PDM) Historical Dividend Yield (quarterly & annually)

How has PDM Dividend Yield performed in the past?

The mean historical Dividend Yield of Piedmont Office Realty Trust, Inc. over the last ten years is 5.83%. The current 5.30% Dividend Yield has changed -9.09% with respect to the historical average. Over the past ten years (40 quarters), PDM's Dividend Yield was at its highest in in the March 2023 quarter at 5.69%. The Dividend Yield was at its lowest in in the December 2016 quarter at 0.00%.

Quarterly (TTM)
Annual

Average

5.83%

Median

4.58%

Minimum

3.02%

Maximum

10.59%

Piedmont Office Realty Trust, Inc. (PDM) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Piedmont Office Realty Trust, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 102.36%

Maximum Annual Dividend Yield = 10.59%

Minimum Annual Increase = -55.52%

Minimum Annual Dividend Yield = 3.02%

Quarterly (TTM)
Annual
YearDividend YieldChange
202310.59%14.78%
20229.23%102.36%
20214.56%-12.47%
20205.21%36.85%
20193.81%-55.52%
20188.56%95.42%
20174.38%45.19%
20163.02%-34.50%
20154.61%6.96%
20144.31%-15.34%

Piedmont Office Realty Trust, Inc. (PDM) Average Dividend Yield

How has PDM Dividend Yield performed in the past?

The current Dividend Yield of Piedmont Office Realty Trust, Inc. (PDM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.13%

5-year avg

6.68%

10-year avg

5.83%

Piedmont Office Realty Trust, Inc. (PDM) Dividend Yield vs. Peers

How is PDM’s Dividend Yield compared to its peers?

Piedmont Office Realty Trust, Inc.’s Dividend Yield is less than Corporate Office Properties Trust (1.14%), less than Highwoods Properties, Inc. (6.34%), less than Douglas Emmett, Inc. (4.87%), less than Kilroy Realty Corporation (6.20%), less than Cousins Properties Incorporated (4.52%), less than Brandywine Realty Trust (11.90%), less than City Office REIT, Inc. (6.94%), less than Hudson Pacific Properties, Inc. (2.06%), less than Office Properties Income Trust (13.33%), greater than Equity Commonwealth (0%),

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