$0.10 dividends will be a reality for Paramount Group, Inc. (NYSE:PGRE)’s shareholders on Jan 12, 2018.

December 27, 2017 - By Peter Erickson

 $0.10 dividends will be a reality for Paramount Group, Inc. (NYSE:PGRE)'s shareholders on Jan 12, 2018.

Paramount Group, Inc. (NYSE:PGRE) is expected to pay $0.10 on Jan 12, 2018. The indicated annual dividend is $0.38. Shareholders owning the stock before Dec 28, 2017 will be eligible to receive the payout. Based on Paramount Group, Inc.’s current price of $15.75, the dividend is 0.60 %. This dividend’s record date is Dec 29, 2017 and the announcement date is Dec 15, 2017. The stock increased 0.32% or $0.05 during the last trading session, reaching $15.75. About 67,873 shares traded. Paramount Group, Inc. (NYSE:PGRE) has declined 1.39% since December 27, 2016 and is downtrending. It has underperformed by 18.09% the S&P500.

Paramount Group, Inc. is a real estate firm that invests in Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. The company has market cap of $4.18 billion.

Paramount Group, Inc. (NYSE:PGRE) Ratings Coverage

Among 10 analysts covering Paramount Group (NYSE:PGRE), 4 have Buy rating, 3 Sell and 3 Hold. Therefore 40% are positive. Paramount Group had 18 analyst reports since August 10, 2015 according to SRatingsIntel. BTIG Research initiated Paramount Group, Inc. (NYSE:PGRE) on Thursday, August 25 with “Neutral” rating. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, November 10. Mizuho maintained Paramount Group, Inc. (NYSE:PGRE) rating on Monday, November 7. Mizuho has “Neutral” rating and $16 target. The stock has “Buy” rating by Deutsche Bank on Monday, July 18. Capital One upgraded the stock to “Overweight” rating in Wednesday, March 2 report. Evercore upgraded the shares of PGRE in report on Monday, August 10 to “Hold” rating. The rating was upgraded by Wells Fargo to “Outperform” on Tuesday, December 13. The firm earned “Underweight” rating on Tuesday, June 13 by Morgan Stanley. The stock has “Buy” rating by Evercore on Tuesday, September 8. The rating was maintained by Goldman Sachs with “Sell” on Thursday, June 22.

More important recent Paramount Group, Inc. (NYSE:PGRE) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: WP Carey, Paramount Group and Apollo Commercial Real …” on December 26, 2017, also Businesswire.com published article titled: “Paramount Appoints Peter Brindley as Executive Vice President, Leasing”, Streetinsider.com published: “Form 3 Paramount Group, Inc. For: Dec 18 Filed by: Brindley Peter RC” on December 22, 2017. More interesting news about Paramount Group, Inc. (NYSE:PGRE) was released by: Nasdaq.com and their article: “Paramount Group, Inc. (PGRE) Ex-Dividend Date Scheduled for December 28, 2017” with publication date: December 27, 2017.

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