Paramount Group's last quarterly dividend was on Sep 29, 2022 (ex-date) with a distribution of $0.078 per share. On an annualized basis, the company has a current payout of $0.3 per share. This brings the dividend yield to 4.86% based on its recent close price.
PGRE has a dividend yield of 4.86% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.35%, Paramount Group's dividend yield is 23% lower. The current dividend yield is higher than the historical average of 3.5% of the last 5 years.
Paramount Group has been paying dividends since 2015. PGRE has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. And with the stock price down by 33% from a year ago, the dividend yield has grown by 61%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2022 | Oct 14, 2022 | Sep 15, 2022 | $0.078 | normal |
| Jun 29, 2022 | Jul 15, 2022 | Jun 15, 2022 | $0.078 | normal |
| Mar 30, 2022 | Apr 15, 2022 | Mar 15, 2022 | $0.078 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Dec 15, 2021 | $0.07 | normal |
| Sep 29, 2021 | Oct 15, 2021 | Sep 15, 2021 | $0.07 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 15, 2021 | $0.07 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Mar 15, 2021 | $0.07 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 15, 2020 | $0.07 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Sep 15, 2020 | $0.1 | normal |
| Jun 29, 2020 | Jul 15, 2020 | Jun 15, 2020 | $0.1 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Mar 13, 2020 | $0.1 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Dec 13, 2019 | $0.1 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Sep 13, 2019 | $0.1 | normal |
| Jun 27, 2019 | Jul 15, 2019 | Jun 14, 2019 | $0.1 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Mar 15, 2019 | $0.1 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Dec 14, 2018 | $0.1 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Sep 14, 2018 | $0.1 | normal |
| Jun 28, 2018 | Jul 13, 2018 | Jun 15, 2018 | $0.1 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Mar 15, 2018 | $0.1 | normal |
| Dec 28, 2017 | Jan 12, 2018 | Dec 15, 2017 | $0.095 | normal |
| Sep 28, 2017 | Oct 13, 2017 | Sep 15, 2017 | $0.095 | normal |
| Jun 28, 2017 | Jul 14, 2017 | Jun 15, 2017 | $0.095 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Mar 15, 2017 | $0.095 | normal |
| Dec 28, 2016 | Jan 13, 2017 | Dec 15, 2016 | $0.095 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Sep 15, 2016 | $0.095 | normal |
| Jun 28, 2016 | Jul 15, 2016 | Jun 15, 2016 | $0.095 | normal |
| Mar 29, 2016 | Apr 15, 2016 | Mar 15, 2016 | $0.095 | normal |
PGRE has a payout ratio of 1,515% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 116.2%, Paramount Group's payout ratio is 1,204% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HPP Hudson Pacific Properties Inc | 9.13% | $1 | N/A |
| WPC W P Carey Inc | 6.06% | $4.23 | 153.3% |
| PGRE Paramount Group Inc | 4.86% | $0.3 | 1,515% |
Yes, Paramount Group has paid four dividends in the last 12 months. PGRE has been paying dividends since 2015.
PGRE 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 December 2022.
Paramount Group's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.078 per share.
On an annual basis PGRE pays $0.3 per share.
The current dividend yield of Paramount Group is 4.86%.
Paramount Group pays four dividends per year.
The dividend payout ratio of Paramount Group is 1,515%.
Paramount Group's dividend yield is lower than the Real Estate sector average.