Piedmont Office Realty Trust, Inc.

NYSE:PDM Stock Report

Market Cap: US$787.9m

Piedmont Office Realty Trust Dividend

Dividend criteria checks 4/6

Piedmont Office Realty Trust is a dividend paying company with a current yield of 7.86% that is well covered by earnings.

Key information

7.9%

Dividend yield

43%

Payout ratio

Industry average yield5.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-US$0.39
Dividend yield forecast in 3Y8.9%

Recent dividend updates

Recent updates

Piedmont Office: Steep Discount To Book And A Covered 7% Dividend Yield

Jan 22

Piedmont Office: Most Risks Addressed Following Renewal Of Largest Tenant

Nov 05

Piedmont Office: Calamitous Drops Don't Scare Us Out Of The Game

Oct 03

Piedmont Office: Dividend News Distracts From Material Upside Potential In Share Price

Jul 30

Piedmont Office Realty Trust: Really Cheap With An 11% Yield

Jul 11

Piedmont: I'm Collecting A 9% Yield While Waiting For Shares To Recover

Feb 25

Piedmont Office Realty Trust Q4 results mixed, co gives in-line FY 2023 FFO guidance

Feb 08

Piedmont Office declares $0.21 dividend

Feb 01

Piedmont Office Realty: My Top 2023 Stock Pick

Dec 22

Piedmont Office Realty Trust: The Atlanta Market Will Carry It Forward

Nov 16

Piedmont Office GAAP EPS of $0.03 misses by $0.03

Nov 02

Piedmont Office Realty Trust's 8.7% Dividend Yield Looks Peachy

Oct 23

Piedmont Office Realty Trust: A 6.5% Yielding Sunbelt REIT Due For A Rebound

Aug 23

Piedmont Office Realty Trust: Continued Mediocrity

Mar 25

Piedmont Office Realty Trust: Still Cheap And Still For A Reason

Dec 13

Piedmont Office Realty Trust: Opinion Unchanged

Aug 31

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PDM's dividend payments have been volatile in the past 10 years.

Growing Dividend: PDM's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Piedmont Office Realty Trust Dividend Yield vs Market
How does PDM dividend yield compare to the market?
SegmentDividend Yield
Company (PDM)7.9%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.9%
Industry Average (Office REITs)5.5%
Analyst forecast in 3 Years (PDM)8.9%

Notable Dividend: PDM's dividend (7.86%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: PDM's dividend (7.86%) is in the top 25% of dividend payers in the US market (4.88%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.4%), PDM's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), PDM's dividend payments are well covered by cash flows.


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