PDM Dividend History - Piedmont Office Realty Trust

Track the latest PDM dividend history! 5.71% Dividend Yield, -4.42% Annual Growth - Explore PDM's complete dividend history

Yield 12m 5.71%
Cash Amount 12m 0.50
Dividend Growth 5y avg -4.42%
Dividend Rating 32.30%
Yield on Cost 5y 3.13%
Payout Ratio current 167.8%
Payout Frequency 12m 4
Payout Consistency 81.9%
Total Return 12m: 31.33%
#10 in Group
Total Return 5y: -45.15%
#37 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Diversified REITs
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
PDM 1,180m 5.71% 3.13%
GNL 1,753m 16.5% 10.7%
ICAD 1,732m 22.9% 8.37%
BNL 3,334m 8.96% 12.1%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
PDM 1,180m -4.42% 32.3%
PSTL 419m 36.2% 87.7%
PINE 267m 80.1% 73.0%
COFB 2,201m 17.6% 85.7%

PDM Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-22 2024-11-22 2025-01-02 Quarterly 0.125 1.32%
2024-08-23 2024-08-23 2024-09-20 Quarterly 0.125 1.38%
2024-05-23 2024-05-24 2024-06-14 Quarterly 0.125 1.76%
2024-02-22 2024-02-23 2024-03-15 Quarterly 0.125 1.95%
2023-11-22 2023-11-24 2024-01-02 Quarterly 0.125 2.05%
2023-08-24 2023-08-25 2023-09-15 Quarterly 0.125 -40.5% 1.94%
2023-05-25 2023-05-26 2023-06-16 Quarterly 0.21 3.35%
2023-02-23 2023-02-24 2023-03-17 Quarterly 0.21 2.21%
2022-11-23 2022-11-25 2023-01-03 Quarterly 0.21 2.09%
2022-08-25 2022-08-26 2022-09-16 Quarterly 0.21 1.73%
2022-05-26 2022-05-27 2022-06-17 Quarterly 0.21 1.44%
2022-02-24 2022-02-25 2022-03-18 Quarterly 0.21 1.31%
2021-11-24 2021-11-26 2022-01-04 Quarterly 0.21 1.12%
2021-08-26 2021-08-27 2021-09-17 Quarterly 0.21 1.18%
2021-05-27 2021-05-28 2021-06-18 Quarterly 0.21 1.13%
2021-02-25 2021-02-26 2021-03-19 Quarterly 0.21 1.18%
2020-11-25 2020-11-27 2021-01-04 Quarterly 0.21 1.27%
2020-08-27 2020-08-28 2020-09-18 Quarterly 0.21 1.35%
2020-05-28 2020-05-29 2020-06-19 Quarterly 0.21 1.24%
2020-02-27 2020-02-28 2020-03-20 Quarterly 0.21 0.93%
2019-11-27 2019-11-29 2020-01-03 Quarterly 0.21
2019-08-29 2019-08-30 2019-09-20 Quarterly 0.21
2019-05-30 2019-05-31 2019-06-21 Quarterly 0.21
2019-02-27 2019-02-28 2019-03-15 Quarterly 0.21
2018-11-29 2018-11-30 2019-01-03 Quarterly 0.21
2018-08-30 2018-08-31 2018-09-21 Quarterly 0.21
2018-05-22 2018-05-23 2018-06-15 Quarterly 0.21
2018-02-22 2018-02-23 2018-03-16 Quarterly 0.21 -58%
2017-12-22 2017-12-26 2018-01-09 Other 0.5 138.1%
2017-11-22 2017-11-24 2018-01-04 Quarterly 0.21
2017-08-23 2017-08-25 2017-09-15 Quarterly 0.21
2017-05-24 2017-05-26 2017-06-16 Quarterly 0.21
2017-02-22 2017-02-24 2017-03-17 Quarterly 0.21
2016-11-22 2016-11-25 2017-01-03 Quarterly 0.21
2016-08-24 2016-08-26 2016-09-16 Quarterly 0.21
2016-05-25 2016-05-27 2016-06-17 Quarterly 0.21
2016-02-24 2016-02-26 2016-03-18 Quarterly 0.21
2015-11-24 2015-11-27 2015-12-18 Quarterly 0.21
2015-08-26 2015-08-28 2015-09-18 Quarterly 0.21
2015-05-27 2015-05-29 2015-06-19 Quarterly 0.21

PDM Dividend History - FAQ

What is the Dividend Yield of PDM?

As of December 2024 PDM`s Dividend Yield is 5.71%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.50 USD by the current stock price of 8.76.

What is the long-term Dividend Growth Rate of PDM?

In the last 5 Years the Average Dividend Growth Rate was -4.42% per year. This shows that the dividend payments have been shrinking over time. It is a bad sign, as it indicates that the dividend payments have been shrinking faster than the inflation rate.

How often does PDM pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) PDM paid 4 times a dividend.

What is the Yield on Cost of PDM?

The 5 Year Yield-On-Cost is 3.13%. That's the effective dividend income you'd receive today if you purchased Piedmont Office Realty Trust five years ago. It is calculated by the Rate of the last 12 Months (0.50) divided by the price 5 years ago (15.97).

What is the Payout Consistency of PDM?

PDM has a Payout Consistency of 81.9%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of PDM?

The Overall Dividend Rating of 32.30 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does PDM have a good Dividend Yield?

PDM`s 5.71% Dividend Yield is considered as: good.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for PDM?

The next Dividend Date for PDM is unknown.

What is the Dividend Payout Ratio of PDM?

The Dividend Payout Ratio of PDM is 167.8%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: PDM Outstanding Shares

What is the Trend of PDM`s Outstanding Shares?

The Outstanding Shares of Piedmont Office Realty Trust are shrinking at a rate of -0.25% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -30.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Piedmont Office Realty Trust ever had a Stock Split?

Yes, last Stock Split was on 2010-02-10 with a factor of 1:12. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.08.
Year Number of Shares (Mill.) Growth Rate
2002 145633000
2003 324092000 +122.54%
2004 466061000 +43.81%
2005 463990300 -0.44%
2006 466256300 +0.49%
2007 485897600 +4.21%
2008 479115800 -1.4%
2009 164992500 -65.56%
2010 172658500 +4.65%
2011 172629700 -0.02%
2012 167951000 -2.71%
2013 160450000 -4.47%
2014 154520000 -3.7%
2015 146014000 -5.5%
2016 145764000 -0.17%
2017 144503000 -0.87%
2018 128811000 -10.86%
2019 126359000 -1.9%
2020 125544000 -0.64%
2021 123742000 -1.44%
2022 123633000 -0.09%
2023 123715300 +0.07%
2024 123999900 +0.23%