Paramount Suspends Regular Quarterly Dividend
Paramount Group, Inc. (PGRE)
Last paramount group, inc. earnings: 4/29 04:15 pm
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US:NYSE Investor Relations:
ir.paramount-group.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors suspended the Company’s regular quarterly dividend that would have otherwise been payable on October 15, 2024. During 2024, Paramount paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income.Albert Behler, Chairman, Chief Executive Officer and President of Paramount commented, “The decision by our Board of Directors to suspend our regular quarterly dividend aligns with our commitment to fortify our balance sheet and maintain the utmost financial flexibility.”About Paramount Group, Inc.Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Param
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- REIT Paramount Group Suspends Dividend To 'Fortify' Balance Sheet [Yahoo! Finance]Yahoo! Finance
PGRE
Earnings
- 10/30/24 - Beat
PGRE
Sec Filings
- 10/30/24 - Form 8-K
- 10/30/24 - Form 10-Q
- PGRE's page on the SEC website