Paramount Group, Inc. (PGRE) Dividends
Dividend Yield and Dividend History Highlights
- In terms of debt burden relative to earnings, PGRE has an EBITDA to net debt ratio of 0.1, ranking above just 13.52% stocks in our set.
- PGRE's free cash flow has been growing at a compound average annual rate of 267.09% over the past 5.5 years -- higher than 97.21% of current US-listed dividend stocks.
- As for stocks whose price is uncorrelated with PGRE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: UFAB, RKT, LGHL, SPNS and SJW.
PGRE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $4.62 | $6.98 | -35.41% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for PGRE, the DDM model, as implemented by StockNews, implies a negative return of 35.41% relative to its current price. To help understand and contextualize the model's evaluation of PGRE, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Real Estate sector, Paramount Group Inc's expected return of -35.41% is higher than merely 10.7% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, PGRE has a discount rate lower than merely 10.7% of them (a lower discount rate is associated with lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for PGRE than it is for 9.09% of other equities in the Real Estate sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Paramount Group Inc has been increasing its dividends at a faster rate than merely 14.38% of US-listed dividend-issuing stocks we observed.
PGRE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-09-28 | Dividend | $0.04 | -- |
| 2023-06-29 | Dividend | $0.04 | -55.13% |
| 2023-03-30 | Dividend | $0.08 | -- |
| 2022-12-29 | Dividend | $0.08 | -- |
| 2022-09-29 | Dividend | $0.08 | -- |
| 2022-06-29 | Dividend | $0.08 | -- |
| 2022-03-30 | Dividend | $0.08 | +11.43% |
| 2021-12-30 | Dividend | $0.07 | -- |
| 2021-09-29 | Dividend | $0.07 | -- |
| 2021-06-29 | Dividend | $0.07 | -- |
| 2021-03-30 | Dividend | $0.07 | -- |
| 2020-12-30 | Dividend | $0.07 | -30.00% |
| 2020-09-29 | Dividend | $0.10 | -- |
| 2020-06-29 | Dividend | $0.10 | -- |
| 2020-03-30 | Dividend | $0.10 | -- |
| 2019-12-30 | Dividend | $0.10 | -- |
| 2019-09-27 | Dividend | $0.10 | -- |
| 2019-06-27 | Dividend | $0.10 | -- |
| 2019-03-28 | Dividend | $0.10 | -- |
| 2018-12-28 | Dividend | $0.10 | -- |
| 2018-09-27 | Dividend | $0.10 | -- |
| 2018-06-28 | Dividend | $0.10 | -- |
| 2018-03-28 | Dividend | $0.10 | +5.26% |
| 2017-12-28 | Dividend | $0.10 | -- |
| 2017-09-28 | Dividend | $0.10 | -- |
| 2017-06-28 | Dividend | $0.10 | -- |
| 2017-03-29 | Dividend | $0.10 | -- |
| 2016-12-28 | Dividend | $0.10 | -- |
| 2016-09-28 | Dividend | $0.10 | -- |
| 2016-06-28 | Dividend | $0.10 | -- |
| 2016-03-29 | Dividend | $0.10 | -- |
| 2015-12-29 | Dividend | $0.10 | -- |
| 2015-09-28 | Dividend | $0.10 | -- |
| 2015-06-26 | Dividend | $0.10 | -- |
| 2015-03-10 | Dividend | $0.10 | +143.59% |
| 2015-03-09 | Dividend | $0.04 | -- |
PGRE Dividends vs. Peers
PGRE's dividend yield currently ranks #24 of 24 vs. its peers in the REITs - Office category.
Looking for More Information on PGRE dividends?
Want to do more research on Paramount Group Inc's dividends? Try the links below:Paramount Group Inc Common Stock (PGRE) Dividend History | Nasdaq
Dividend History for Paramount Group Inc (PGRE) - Dividend Investor
Paramount Group Inc (PGRE) Dividend History - Seeking Alpha