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


As per Piedmont Office Realty Trust, Inc. (NYSE:PDM) statement on 2016-08-08, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.21 per share as dividend to stakeholders. The record date is set as 2016-08-26, the payout date as 2016-09-16 and the ex-dividend date is 2016-08-24.

Last fiscal Piedmont Office Realty Trust, Inc. (NYSE:PDM) disbursed cash dividend of $0.21. A year ago, the payout was $0.21, which indicates a difference of 3.7037%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.21, implying -7.7892% growth.

For the period ended on 2015-12-31, Piedmont Office Realty Trust, Inc. (NYSE:PDM)’s earnings came at $0.4 per share compared to EPS of $0.41 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-14. For this quarter, the analysts have earnings estimate of $0.41 per share.

The interim price target for Piedmont Office Realty Trust, Inc. (NYSE:PDM) is set at $21.25. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Piedmont Office Realty Trust, Inc. (NYSE:PDM) is seen at $23 and the lowest level is established at $18. This broad range highlights a standard deviation of $2.217 in reported estimates.

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