Paramount Declares Regular Quarterly Dividend

Rhea-AI Summary

Paramount Group, Inc. (PGRE) declares a regular quarterly cash dividend of $0.035 per share for the period from January 1, 2024, to March 31, 2024. The dividend will be payable on April 15, 2024, to stockholders of record as of March 28, 2024.

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from January 1, 2024 to March 31, 2024. The dividend will be payable on April 15, 2024, to stockholders of record as of the close of business on March 28, 2024.

About Paramount Group, Inc.

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

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Wilbur Paes

Chief Operating Officer,

Chief Financial Officer and Treasurer

212-237-3122

ir@pgre.com

Tom Hennessy

Vice President, Investor Relations and

Business Development

212-237-3138

ir@pgre.com

Media:

212-492-2285

pr@pgre.com

Source: Paramount Group, Inc.

FAQ

What is the dividend amount declared by Paramount Group, Inc. (PGRE)?

Paramount Group, Inc. (PGRE) declared a regular quarterly cash dividend of $0.035 per share.

When will the dividend be payable to stockholders?

The dividend will be payable on April 15, 2024.

What is the record date for stockholders to receive the dividend?

Stockholders of record as of the close of business on March 28, 2024, will receive the dividend.