Piedmont Office Realty Trust Declares First Quarter Dividend, Payable on March 19, 2021
February 02, 2021 at 04:15 pm EST
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Piedmont Office Realty Trust announced that its board of directors has declared a regular quarterly cash dividend of $0.21 per share, or $0.84 per share on an annualized basis, for the first quarter of 2021. The dividend will be paid on March 19, 2021 to stockholders of record as of the close of business on February 26, 2021.
Piedmont Office Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT). The Company is an owner, manager, developer, redeveloper, and operator of Class A office properties located primarily in major United States Sunbelt markets. The Company conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). It owns and operates about 51 in-service office properties comprised of approximately 17 million square feet of primarily Class A office space which are 87.1% leased. It has one redevelopment asset comprising about 127,000 square feet in Orlando, Florida. The Companyâs portfolio of properties is primarily located in various metropolitan areas, including Atlanta, Dallas, Northern Virginia/Washington, D.C., Boston, Orlando, Minneapolis, and New York, and others.