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 yield5.3%
Next dividend pay date15 Apr 24
Ex dividend date27 Mar 24
Dividend per sharen/a
Earnings per share-US$1.20
Dividend yield forecast in 3Y3.0%

Recent dividend updates

Recent updates

Paramount Group: Blue Chip Tenants And Rock Bottom Valuation

Mar 01

Paramount Group: Pull The Plug

Nov 16

Paramount Group: Upcoming Debt Maturity Wall Could Mean More Downside

Aug 21

Paramount FFO of $0.25 beats by $0.01, revenue of $184.03M misses by $2.58M, guidance in-line

Feb 15

Paramount declares $0.0775 dividend

Dec 15

Paramount FFO of $0.24 in-line, revenue of $187.15M beats by $2.17M

Oct 26

Paramount Group: A Concentrated Portfolio Of Class A Office Buildings

Oct 03

Paramount declares $0.0775 dividend

Sep 15

Paramount Q2 FFO, revenue up, raises FY22 core FFO guidance

Jul 26

Paramount Group: Nothing Special Here

Jun 12

Paramount declares $0.07 dividend

Jun 15

Paramount Group, Inc.'s (NYSE:PGRE) CEO Might Not Expect Shareholders To Be So Generous This Year

May 07
Paramount Group, Inc.'s (NYSE:PGRE) CEO Might Not Expect Shareholders To Be So Generous This Year

Upcoming Dividend Payment

TodayMar 25 2024Ex Dividend DateMar 27 2024Dividend Pay DateApr 15 202419 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

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
How does PGRE dividend yield compare to the market?
SegmentDividend 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.


Discover strong dividend paying companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.