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Paramount Declares Regular Quarterly Dividend

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Paramount Group, Inc. (NYSE: PGRE) has declared a quarterly cash dividend of $0.07 per share for the period of January 1, 2021 to March 31, 2021. This dividend will be payable on April 15, 2021 to stockholders on record as of March 31, 2021.

Based in New York City, Paramount is a fully-integrated real estate investment trust focusing on Class A office properties in prime locations within New York City and San Francisco. The company aims to maximize portfolio value through strategic property management and high tenant retention.

Positive
  • Quarterly cash dividend of $0.07 per share announced.
  • Dividend showcases company confidence in financial stability.
Negative
  • None.

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 January 1, 2021 to March 31, 2021. The dividend will be payable on April 15, 2021 to stockholders of record as of the close of business on March 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.

FAQ

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

Paramount Group, Inc. has declared a quarterly cash dividend of $0.07 per share.

When will the dividend be paid to shareholders of PGRE?

The dividend will be payable on April 15, 2021.

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

The record date for the dividend payment is March 31, 2021.

What type of properties does Paramount Group, Inc. invest in?

Paramount Group, Inc. focuses on high-quality, Class A office properties.

PARAMOUNT GROUP, INC.

NYSE:PGRE

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1.03B
182.90M
15.92%
66.3%
1.45%
REIT - Office
Real Estate Investment Trusts
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United States of America
NEW YORK