PDM - NYSE
Piedmont Office Realty Trust, Inc.
$8.76
+4.0%Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
At a Glance
Live SnapshotPiedmont Office Realty Trust, Inc. Dividend History
PDM Dividend Payment History
Total Payments
50
Latest Dividend
$0.1250
Annual Amount
$0.6250
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Feb 3, 2025 | Feb 21, 2025 | Mar 14, 2025 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Oct 24, 2024 | Nov 22, 2024 | Jan 2, 2025 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Jul 25, 2024 | Aug 23, 2024 | Sep 20, 2024 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Apr 24, 2024 | May 24, 2024 | Jun 14, 2024 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Feb 1, 2024 | Feb 23, 2024 | Mar 15, 2024 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Oct 25, 2023 | Nov 24, 2023 | Jan 2, 2024 | $0.1250 | $0.1250 | Quarterly | 0.00% |
Jul 26, 2023 | Aug 25, 2023 | Sep 15, 2023 | $0.1250 | $0.1250 | Quarterly | -40.48% |
May 1, 2023 | May 26, 2023 | Jun 16, 2023 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 1, 2023 | Feb 24, 2023 | Mar 17, 2023 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 25, 2022 | Nov 25, 2022 | Jan 3, 2023 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 27, 2022 | Aug 26, 2022 | Sep 16, 2022 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Apr 27, 2022 | May 27, 2022 | Jun 17, 2022 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 2, 2022 | Feb 25, 2022 | Mar 18, 2022 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 27, 2021 | Nov 26, 2021 | Jan 4, 2022 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 28, 2021 | Aug 27, 2021 | Sep 17, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Apr 28, 2021 | May 28, 2021 | Jun 18, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 2, 2021 | Feb 26, 2021 | Mar 19, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 28, 2020 | Nov 27, 2020 | Jan 4, 2021 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 29, 2020 | Aug 28, 2020 | Sep 18, 2020 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Apr 29, 2020 | May 29, 2020 | Jun 19, 2020 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 4, 2020 | Feb 28, 2020 | Mar 20, 2020 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 30, 2019 | Nov 29, 2019 | Jan 3, 2020 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 31, 2019 | Aug 30, 2019 | Sep 20, 2019 | $0.2100 | $0.2100 | Quarterly | 0.00% |
May 1, 2019 | May 31, 2019 | Jun 21, 2019 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 5, 2019 | Feb 28, 2019 | Mar 15, 2019 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 30, 2018 | Nov 30, 2018 | Jan 3, 2019 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Aug 1, 2018 | Aug 31, 2018 | Sep 21, 2018 | $0.2100 | $0.2100 | Quarterly | 0.00% |
May 1, 2018 | May 23, 2018 | Jun 15, 2018 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 7, 2018 | Feb 23, 2018 | Mar 16, 2018 | $0.2100 | $0.2100 | Quarterly | -58.00% |
Dec 13, 2017 | Dec 26, 2017 | Jan 9, 2018 | $0.5000 | $0.5000 | Quarterly | +138.10% |
Oct 31, 2017 | Nov 24, 2017 | Jan 4, 2018 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Aug 3, 2017 | Aug 25, 2017 | Sep 15, 2017 | $0.2100 | $0.2100 | Quarterly | 0.00% |
May 3, 2017 | May 26, 2017 | Jun 16, 2017 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 9, 2017 | Feb 24, 2017 | Mar 17, 2017 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Nov 1, 2016 | Nov 25, 2016 | Jan 3, 2017 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Aug 8, 2016 | Aug 26, 2016 | Sep 16, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
May 3, 2016 | May 27, 2016 | Jun 17, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 5, 2016 | Feb 26, 2016 | Mar 18, 2016 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Nov 10, 2015 | Nov 27, 2015 | Dec 18, 2015 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Jul 30, 2015 | Aug 28, 2015 | Sep 18, 2015 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Apr 30, 2015 | May 29, 2015 | Jun 19, 2015 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Feb 6, 2015 | Feb 27, 2015 | Mar 20, 2015 | $0.2100 | $0.2100 | Quarterly | 0.00% |
Oct 30, 2014 | Nov 28, 2014 | Dec 19, 2014 | $0.2100 | $0.2100 | Quarterly | +5.00% |
Jul 31, 2014 | Aug 29, 2014 | Sep 19, 2014 | $0.2000 | $0.2000 | Quarterly | 0.00% |
May 1, 2014 | May 30, 2014 | Jun 20, 2014 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Feb 7, 2014 | Feb 28, 2014 | Mar 21, 2014 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Nov 1, 2013 | Nov 29, 2013 | Dec 20, 2013 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Aug 5, 2013 | Aug 30, 2013 | Sep 20, 2013 | $0.2000 | $0.2000 | Quarterly | 0.00% |
May 3, 2013 | May 31, 2013 | Jun 21, 2013 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Mar 5, 2013 | Mar 11, 2013 | Mar 22, 2013 | $0.2000 | $0.2000 | Quarterly | - |
Piedmont Office Realty Trust, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
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