Paramount Group, Inc. announced that its board of directors has declared a reduced quarterly cash dividend of $0.035 per share of common stock (a new indicated annual rate of $0.14 per share), for the period from April 1, 2023 to June 30, 2023. The dividend will be payable on July 14, 2023, to stockholders of record as of the close of business on June 30, 2023. The reduced dividend will enable Paramount to retain an additional $40 million of cash annually, further enhancing Paramount's already strong financial position.
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5-day change | 1st Jan Change | ||
4.78 USD | -1.04% | -0.62% | -7.54% |
May. 02 | Transcript : Paramount Group, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
May. 01 | Earnings Flash (PGRE) PARAMOUNT GROUP Posts Q1 Revenue $188.9M | MT |
EPS Revisions
1st Jan change | Capi. | |
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-7.54% | 1.04B | |
-2.62% | 6.49B | |
-7.16% | 5.05B | |
-9.25% | 4.84B | |
-1.87% | 4.16B | |
+8.68% | 4B | |
-14.61% | 3.99B | |
+15.67% | 3.39B | |
-11.53% | 3.32B | |
+0.30% | 3.1B |
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- Paramount Group, Inc. Declares Reduced Quarterly Cash Dividend for the Period from April 1, 2023 to June 30, 2023, Payable on July 14, 2023