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Last $17.58 USD
Change Today -0.26 / -1.46%
Volume 1.4M
PDM On Other Exchanges
New York
As of 8:04 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

piedmont office realty tru-a (PDM) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/28/15 - $20.15
52 Week Low
06/10/15 - $16.83
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.

130 Employees
Last Reported Date: 02/18/15
Founded in 1997

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

Chief Executive Officer, President and Direct...
Total Annual Compensation: $720.0K
Chief Financial Officer
Total Annual Compensation: $450.0K
Head of Development and Executive Vice Presid...
Total Annual Compensation: $310.0K
Executive Vice President of Capital Markets
Total Annual Compensation: $260.0K
Executive Vice President of Real Estate Opera...
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2014.

piedmont office realty tru-a (PDM) Key Developments

PDM Eyes Acquisitions

Piedmont Office Realty Trust Inc. (NYSE:PDM) is looking for acquisition opportunities. As on June 23, 2015, The Board of Directors of PDM authorized the repurchase of up to $200 million of PDM's common stock over the next two years. As previously disclosed, PDM is currently marketing certain of its assets for sale. If such sales are consummated, PDM intends to use the sales proceeds for general corporate purposes including, but not limited to, funding the repurchase of shares under the stock repurchase program, paying down debt, or funding future acquisitions, while maintaining or improving PDM's leverage metrics.

Piedmont Office Realty Trust Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015

Piedmont Office Realty Trust Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015 . Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York, NY 10019, United States.

Piedmont Office Realty Trust Inc. Declares Dividends for the Second Quarter 2015, Payable on June 19, 2015

The board of directors of Piedmont Office Realty Trust Inc. declared dividends for the second quarter 2015 in the amount of $0.21 per share on its common stock to stockholders of record as of the close of business on May 29, 2015, payable on June 19, 2015.


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