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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 from April 1, 2021, to June 30, 2021. This dividend will be payable on July 15, 2021, to stockholders of record as of the close of business on June 30, 2021. Paramount operates as a fully-integrated real estate investment trust, focusing on high-quality Class A office properties in New York City and San Francisco. The company aims to maximize portfolio value through strategic management and location.

Positive
  • Declaration of quarterly cash dividend of $0.07 per share.
  • Dividend payment demonstrates company confidence and commitment to shareholders.
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 April 1, 2021 to June 30, 2021. The dividend will be payable on July 15, 2021 to stockholders of record as of the close of business on June 30, 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. for PGRE?

The declared dividend amount is $0.07 per share.

When will the dividend for PGRE be paid?

The dividend will be paid on July 15, 2021.

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

The record date for the dividend payment is June 30, 2021.

What type of properties does Paramount Group, Inc. focus on?

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

PARAMOUNT GROUP, INC.

NYSE:PGRE

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1.05B
182.90M
15.92%
66.52%
1.23%
REIT - Office
Real Estate Investment Trusts
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United States of America
NEW YORK