Paramount Group Dividend
Dividend criteria checks 3/6
Paramount Group is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 27th March, 2024.
Key information
3.0%
Dividend yield
30%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | -US$1.20 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Paramount Group: Blue Chip Tenants And Rock Bottom Valuation
Mar 01Paramount Group: Pull The Plug
Nov 16Paramount Group: Upcoming Debt Maturity Wall Could Mean More Downside
Aug 21Paramount FFO of $0.25 beats by $0.01, revenue of $184.03M misses by $2.58M, guidance in-line
Feb 15Paramount declares $0.0775 dividend
Dec 15Paramount FFO of $0.24 in-line, revenue of $187.15M beats by $2.17M
Oct 26Paramount Group: A Concentrated Portfolio Of Class A Office Buildings
Oct 03Paramount declares $0.0775 dividend
Sep 15Paramount Q2 FFO, revenue up, raises FY22 core FFO guidance
Jul 26Paramount Group: Nothing Special Here
Jun 12Paramount declares $0.07 dividend
Jun 15Paramount Group, Inc.'s (NYSE:PGRE) CEO Might Not Expect Shareholders To Be So Generous This Year
May 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PGRE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PGRE has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Paramount Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PGRE) | 3.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Office REITs) | 5.3% |
Analyst forecast in 3 Years (PGRE) | 3.0% |
Notable Dividend: PGRE's dividend (3.04%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: PGRE's dividend (3.04%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), PGRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), PGRE's dividend payments are thoroughly covered by cash flows.