Paramount Declares Regular Quarterly Dividend

Rhea-AI Summary

Paramount Group, Inc. (NYSE: PGRE) has declared a quarterly cash dividend of $0.0775 per share, payable on July 15, 2022, for the period from April 1, 2022 to June 30, 2022. Shareholders on record as of June 30, 2022 will receive this dividend. Paramount is a fully-integrated real estate investment trust, focusing on Class A office properties in New York City and San Francisco, maximizing the value of its portfolio through effective property management.

Positive

• Dividend of $0.0775 per share reinforces shareholder value.
• Focused strategy on high-quality, Class A properties enhances long-term growth potential.

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 $0.0775 per share of common stock for the period from April 1, 2022 to June 30, 2022. The dividend will be payable on July 15, 2022, to stockholders of record as of the close of business on June 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/20220615005027/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 for PGRE for Q2 2022?

The dividend amount for PGRE for Q2 2022 is $0.0775 per share.

When will the dividend for PGRE be paid?

The dividend for PGRE will be paid on July 15, 2022.

What is the record date for PGRE's dividend payment?

The record date for PGRE's dividend payment is June 30, 2022.

What is the focus of Paramount Group, Inc.?

Paramount Group, Inc. focuses on high-quality, Class A office properties in New York City and San Francisco.