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Piedmont Office Realty Trust (Piedmont Office Realty Trust) 3-Year Dividend Growth Rate : -7.30% (As of Dec. 2023)


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What is Piedmont Office Realty Trust 3-Year Dividend Growth Rate?

Piedmont Office Realty Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

The historical rank and industry rank for Piedmont Office Realty Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

PDM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.1   Med: -3.05   Max: 1.6
Current: -7.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Piedmont Office Realty Trust was 1.60% per year. The lowest was -14.10% per year. And the median was -3.05% per year.

PDM's 3-Year Dividend Growth Rate is ranked worse than
80.63% of 506 companies
in the REITs industry
Industry Median: 2.1 vs PDM: -7.30

During the past 12 months, Piedmont Office Realty Trust's average Dividends Per Share Growth Rate was -20.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Piedmont Office Realty Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Piedmont Office Realty Trust's Dividend Yield % is 8.72%.

Warning Sign:

Piedmont Office Realty Trust Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Piedmont Office Realty Trust's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Piedmont Office Realty Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Piedmont Office Realty Trust's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Piedmont Office Realty Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Piedmont Office Realty Trust's 3-Year Dividend Growth Rate falls into.



Piedmont Office Realty Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Piedmont Office Realty Trust  (NYSE:PDM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Piedmont Office Realty Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.125/ -0.096
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Piedmont Office Realty Trust was 4.59. The lowest was 0.81. And the median was 1.43.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Piedmont Office Realty Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1252024-02-222024-02-232024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-11-222023-11-242024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-242023-08-252023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-05-252023-05-262023-06-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Piedmont Office Realty Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.585/6.71
=8.72 %

Current Share Price is $6.71.
Piedmont Office Realty Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.585.

During the past 13 years, the highest Dividend Yield of Piedmont Office Realty Trust was 14.95%. The lowest was 3.44%. And the median was 4.53%.

Warning Sign:

Piedmont Office Realty Trust Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Piedmont Office Realty Trust 3-Year Dividend Growth Rate Related Terms>


Piedmont Office Realty Trust (Piedmont Office Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342
Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.
Executives
Dale H. Taysom director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Jeffrey L. Swope director 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Guilbert Edward H Iii officer: EVP - Finance & Treasurer 5565 GLENRIDGE CONNECTOR, SUITE 450, ATLANTA GA 30342
Robert E Bowers officer: Chief Financial Officer 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Christopher Brent Smith officer: EVP- NY Region & Strategic Inv 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mary M. Hager director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Frank C Mcdowell director PO BOX 29390, SAN FRANCISCO CA 94129-0350
Glenn Gary Cohen director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Venkatesh S. Durvasula director 39 INDIAN MILL ROADH, COS COB CT 06807
Laura P Moon officer: Chief Accounting Officer 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
George M. Wells officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Alex Valente officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342