Piedmont Office Realty Trust, Inc. ( PDM ) will begin trading ex-dividend on May 25, 2016. A cash dividend payment of $0.21 per share is scheduled to be paid on June 17, 2016. Shareholders who purchased PDM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that PDM has paid the same dividend. At the current stock price of $19.86, the dividend yield is 4.23%.
The previous trading day's last sale of PDM was $19.86, representing a -5.07% decrease from the 52 week high of $20.92 and a 20.11% increase over the 52 week low of $16.54.
PDM is a part of the Consumer Services sector, which includes companies such as Brookfield Asset Management Inc ( BAM ) and Spirit Realty Capital, Inc. ( SRC ). PDM's current earnings per share, an indicator of a company's profitability, is $1.1. Zacks Investment Research reports PDM's forecasted earnings growth in 2016 as 1.25%, compared to an industry average of 5.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.