Piedmont Office Realty Trust, Inc. (PDM) Ex-Dividend Date Scheduled for November 28, 2012


Piedmont Office Realty Trust, Inc. ( PDM ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.2 per share scheduled for December 21, 2012. Shareholders who purchased PDM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PDM has paid the same dividend. At the current stock price of $17.68, the dividend yield is 4.52%.

The previous trading day's last sale of PDM was $17.68, representing a -6.5% decrease from the 52 week high of $18.91 and a 10.85% increase over the 52 week low of $15.95.

PDM is a part of the Consumer Services sector, which includes companies such as Brookfield Asset Management Inc ( BAM ) and Brookfield Office Properties Inc. ( BPO ). PDM's current earnings per share, an indicator of a company's profitability, is $1.15. Zacks Investment Research reports PDM's forecasted earnings growth in 2012 as -10.19%, compared to an industry average of 3.9%.

For more information on the declaration, record and payment dates, visit the PDM Dividend History page.

Interested in gaining exposure to PDM through an Exchange Traded Fund ( ETF )?
The following ETF(s) have PDM as a top-10 holding:

  • iShares FTSE NAREIT Industrial/Office Index Fund ( FNIO ).

The top-performing ETF of this group is FNIO with an increase of 1.14% over the last 100 days. It also has the highest percent weighting of PDM at 3.86%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , Stocks

Referenced Stocks: BAM , BPO , ETF , FNIO , PDM

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