Piedmont Office Realty Trust, Inc. (NYSE:PDM) Updates On Dividend Release Date


On 2016-08-08, Piedmont Office Realty Trust, Inc. (NYSE:PDM) confirmed the dividend disbursement of $0.21 a share to shareholders as on record 2016-08-26. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-24.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Piedmont Office Realty Trust, Inc. (NYSE:PDM) paid a total of $0.21 per share in dividends. This figure stood at $0.21 a share in the same period a year ago indicating a deviation of 3.7037%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $21.25 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $23 and $18, respectively.

Taking the mathematical rating formula, the price for Piedmont Office Realty Trust, Inc. (NYSE:PDM) stands at 3.4. Earnings Review Piedmont Office Realty Trust, Inc. (NYSE:PDM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-14. For the period ending on 2016-09-30, experts are expecting EPS of $0.41.

Coming to the quarter ending on 2015-12-31, Piedmont Office Realty Trust, Inc. (NYSE:PDM) recorded EPS of $0.4. The reported numbers came lower than the analysts’ estimates of $0.4, demonstrating a miss of $0 as against reported figures.

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