Last $19.87 USD
Change Today +0.06 / 0.30%
Volume 395.7K
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New York
As of 12:15 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

piedmont office realty tru-a (PDM) Snapshot

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52 Week High
11/6/14 - $20.05
52 Week Low
02/7/14 - $15.83
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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piedmont office realty tru-a (PDM) Details

Piedmont Office Realty Trust, Inc. engages in the acquisition and ownership of commercial real estate properties in the United States. Its property portfolio primarily consists of office and industrial buildings, warehouses, and manufacturing facilities. As of December 31, 2007, the company owned interests in 83 properties that are wholly owned and controlled through consolidated joint ventures. It has elected to be taxed as a real estate investment trust and would not be subject to federal income tax, if it distributes approximately 90% of its taxable income to its shareholders. The company was incorporated in 1997 and is headquartered in Norcross, Georgia.

121 Employees
Last Reported Date: 02/18/14
Founded in 1997

piedmont office realty tru-a (PDM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $685.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $433.0K
Head of Development and Executive Vice Presid...
Total Annual Compensation: $300.0K
Executive Vice President of Real Estate Opera...
Total Annual Compensation: $252.5K
Executive Vice President of Capital Markets
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2013.

piedmont office realty tru-a (PDM) Key Developments

Piedmont Office Realty Trust Inc. Announces Board Changes

On January 13, 2015, the Board of Directors of Piedmont Office Realty Trust Inc. appointed Donald S. Moss to serve as a director of the Company beginning on January 13, 2015. Mr. Moss will serve as a member of the Audit Committee and Nominating and Corporate Governance Committee of the Board of Directors and his compensation as a director will be provided on the same basis as that provided to the Company's other non-employee directors, as outlined in the Company's most recent Annual Proxy Statement as filed with the Securities and Exchange Commission on April 1, 2014. Mr. Moss previously served as a director of the Company and is being re-appointed to fulfill the board vacancy that resulted from the death of the Company's Chairman of the Board, W. Wayne Woody, on January 9, 2015.

Barbara B. Lang to Join Piedmont Office Realty Trust's Board of Directors, Effective December 31, 2014

Piedmont Office Realty Trust Inc. announced that Barbara B. Lang, past President and CEO of the Washington, D.C. Chamber of Commerce, will join the Company's Board of Directors beginning in 2015. Donald S. Moss has resigned and will retire from the Board effective December 31, 2014, and William H. Keogler, Jr., will resign by September 30, 2015.  Prior to joining the Chamber, Mrs. Lang was the vice president of Corporate Services and Chief Procurement Officer for Fannie Mae.

Piedmont Office Realty Trust Inc. Declares Fourth Quarter 2014 Dividend, Payable on December 19, 2014

On October 29, 2014, the board of directors of Piedmont Office Realty Trust Inc. declared dividends for the fourth quarter 2014 in the amount of $0.21 per share on its common stock to stockholders of record as of the close of business on November 28, 2014, payable on December 19, 2014.


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