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Paramount Group, Inc. (NYSE: PGRE) has declared a quarterly cash dividend of $0.07 per share for the period from October 1, 2021 to December 31, 2021. This dividend will be payable on January 14, 2022 to stockholders recorded as of December 31, 2021. Located in New York City, Paramount focuses on high-quality office properties, aiming to leverage its premium locations and management skills to enhance portfolio value.
Positive
Regular quarterly cash dividend of $0.07 per share shows consistent income for shareholders.
Dividend payment schedule instills confidence in the company's financial health.
Negative
None.
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 $0.07 per share of common stock for the period from October 1, 2021, to December 31, 2021. The dividend will be payable on January 14, 2022, to stockholders of record as of the close of business on December 31, 2021.
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.
