Paramount Declares Regular Quarterly Dividend

Rhea-AI Summary

Paramount Group, Inc. (NYSE: PGRE) has declared a quarterly cash dividend of $0.0775 per share of common stock, covering the period from July 1, 2022 to September 30, 2022. This dividend will be payable on October 14, 2022, to stockholders of record by the close of business on September 30, 2022. Paramount Group is a fully integrated real estate investment trust focused on high-quality, Class A office properties in New York City and San Francisco.

Positive

• Quarterly cash dividend of $0.0775 per share boosts shareholder returns.

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• 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 $0.0775 per share of common stock for the period from July 1, 2022 to September 30, 2022. The dividend will be payable on October 14, 2022, to stockholders of record as of the close of business on September 30, 2022.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005143/en/

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. declared a quarterly cash dividend of $0.0775 per share.

When will the dividend for Paramount Group, Inc. (PGRE) be paid?

The dividend will be payable on October 14, 2022.

What is the record date for the dividend of Paramount Group, Inc. (PGRE)?

The record date for the dividend is September 30, 2022.

What period does the declared dividend cover for PGRE?

The declared dividend covers the period from July 1, 2022, to September 30, 2022.