Piedmont Office Realty Trust, Inc. (NYSE:PDM – Get Free Report) declared a quarterly dividend on Monday, February 3rd,RTT News reports. Investors of record on Friday, February 21st will be given a dividend of 0.125 per share by the real estate investment trust on Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 5.87%.
Piedmont Office Realty Trust has decreased its dividend payment by an average of 15.9% per year over the last three years.
Piedmont Office Realty Trust Stock Down 2.5 %
PDM opened at $8.52 on Tuesday. The firm’s 50 day simple moving average is $8.97 and its two-hundred day simple moving average is $9.37. Piedmont Office Realty Trust has a 1-year low of $5.93 and a 1-year high of $11.11. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 1.36.
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About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. 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 Standard & Poor's and Moody's.
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