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Piedmont Office Realty Trust (Piedmont Office Realty Trust) 5-Year Yield-on-Cost % : 7.44 (As of Apr. 27, 2024)


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What is Piedmont Office Realty Trust 5-Year Yield-on-Cost %?

Piedmont Office Realty Trust's yield on cost for the quarter that ended in Dec. 2023 was 7.44.


The historical rank and industry rank for Piedmont Office Realty Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

PDM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.92   Med: 3.85   Max: 12.71
Current: 7.44


During the past 13 years, Piedmont Office Realty Trust's highest Yield on Cost was 12.71. The lowest was 2.92. And the median was 3.85.


PDM's 5-Year Yield-on-Cost % is ranked better than
52.69% of 835 companies
in the REITs industry
Industry Median: 7.1 vs PDM: 7.44

Competitive Comparison of Piedmont Office Realty Trust's 5-Year Yield-on-Cost %

For the REIT - Office subindustry, Piedmont Office Realty Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Piedmont Office Realty Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Piedmont Office Realty Trust's 5-Year Yield-on-Cost % falls into.



Piedmont Office Realty Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Piedmont Office Realty Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Piedmont Office Realty Trust  (NYSE:PDM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Piedmont Office Realty Trust 5-Year Yield-on-Cost % Related Terms

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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