Piedmont Office Realty Trust's last quarterly dividend of $0.125 per share was on Aug 24, 2023 (ex-date). The annualized dividend payment of $0.76 per share represents a current dividend yield of 13.15%. The latest PDM payout of $0.125 marks a dividend change of -40%.
PDM has a dividend yield of 13.15% which is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.85%, Piedmont Office Realty Trust's dividend yield is 92% higher. Historically PDM's dividend yield has averaged at 6.0% in the last 5 years, which is below the current yield.
Piedmont Office Realty Trust has a history of paying dividends since 2010. Our records of PDM show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 10% since one year ago. But with the stock price down by 49% from a year ago, the dividend yield marks an increase of 75%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 24, 2023 | Sep 15, 2023 | Jul 26, 2023 | $0.125 | normal |
May 25, 2023 | Jun 16, 2023 | May 1, 2023 | $0.21 | normal |
Feb 23, 2023 | Mar 17, 2023 | Feb 1, 2023 | $0.21 | normal |
Nov 23, 2022 | Jan 3, 2023 | Oct 25, 2022 | $0.21 | normal |
Aug 25, 2022 | Sep 16, 2022 | Jul 27, 2022 | $0.21 | normal |
May 26, 2022 | Jun 17, 2022 | Apr 27, 2022 | $0.21 | normal |
Feb 24, 2022 | Mar 18, 2022 | Feb 2, 2022 | $0.21 | normal |
Nov 24, 2021 | Jan 4, 2022 | Oct 27, 2021 | $0.21 | normal |
Aug 26, 2021 | Sep 17, 2021 | Jul 28, 2021 | $0.21 | normal |
May 27, 2021 | Jun 18, 2021 | Apr 28, 2021 | $0.21 | normal |
Feb 25, 2021 | Mar 19, 2021 | Feb 2, 2021 | $0.21 | normal |
Nov 25, 2020 | Jan 4, 2021 | Oct 28, 2020 | $0.21 | normal |
Aug 27, 2020 | Sep 18, 2020 | Jul 29, 2020 | $0.21 | normal |
May 28, 2020 | Jun 19, 2020 | Apr 29, 2020 | $0.21 | normal |
Feb 27, 2020 | Mar 20, 2020 | Feb 4, 2020 | $0.21 | normal |
Nov 27, 2019 | Jan 3, 2020 | Oct 30, 2019 | $0.21 | normal |
Aug 29, 2019 | Sep 20, 2019 | Jul 31, 2019 | $0.21 | normal |
May 30, 2019 | Jun 21, 2019 | May 1, 2019 | $0.21 | normal |
Feb 27, 2019 | Mar 15, 2019 | Feb 5, 2019 | $0.21 | normal |
Nov 29, 2018 | Jan 3, 2019 | Oct 30, 2018 | $0.21 | normal |
Aug 30, 2018 | Sep 21, 2018 | Aug 1, 2018 | $0.21 | normal |
May 22, 2018 | Jun 15, 2018 | May 1, 2018 | $0.21 | normal |
Feb 22, 2018 | Mar 16, 2018 | Feb 7, 2018 | $0.21 | normal |
Dec 22, 2017 | Jan 9, 2018 | Dec 13, 2017 | $0.5 | special |
Nov 22, 2017 | Jan 4, 2018 | Oct 31, 2017 | $0.21 | normal |
Aug 23, 2017 | Sep 15, 2017 | Aug 1, 2017 | $0.21 | normal |
May 24, 2017 | Jun 16, 2017 | May 2, 2017 | $0.21 | normal |
Feb 22, 2017 | Mar 17, 2017 | Feb 8, 2017 | $0.21 | normal |
Nov 22, 2016 | Jan 3, 2017 | Nov 1, 2016 | $0.21 | normal |
Aug 24, 2016 | Sep 16, 2016 | Aug 2, 2016 | $0.21 | normal |
May 25, 2016 | Jun 17, 2016 | Apr 27, 2016 | $0.21 | normal |
PDM has a payout ratio of 123.8% which is higher than the industry average but lower than the Real Estate sector average. But in comparison with the Real Estate sector average of 127.6%, Piedmont Office Realty Trust's payout ratio is only 3% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PDM Piedmont Office Realty Trust Inc | 13.51% | $0.76 | 123.8% |
KRC Kilroy Realty Corp | 6.84% | $2.16 | 103.8% |
PEB Pebblebrook Hotel Trust | 0.3% | $0.04 | N/A |
Yes, Piedmont Office Realty Trust has paid four dividends in the last 12 months. PDM has been paying dividends since 2010.
PDM hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2023.
Piedmont Office Realty Trust's last regular dividend was on Aug 24, 2023 (ex-date) with the amount of $0.125 per share.
On an annual basis PDM pays $0.76 per share.
Currently Piedmont Office Realty Trust's dividend yield is 13.15%.
Piedmont Office Realty Trust pays dividends quarterly.
Piedmont Office Realty Trust's dividend payout ratio is 123.8%.
Piedmont Office Realty Trust's dividend yield is above the Real Estate sector average.