PGRE News and Press, Paramount Group Inc. From 06/15/23

2023-06-15 08:43:32 ET Paramount ( NYSE: PGRE ) declares $0.035/share quarterly dividend , -54.8% decrease from prior dividend of $0.077. Forward yield 3.05% Payable July 14; for shareholders of record June 30; ex-div June 29. See PGRE Dividend Scorecard,...

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today 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 d...

2023-06-13 06:30:44 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Small-cap stocks, defined by a market capitalization between $300 million and $2 billion , can tempt investors looking for quick returns. However, these small-cap stocks to avoid can be inc...

2023-06-12 06:51:38 ET Summary Office REITs have seen share prices drop between 14.8% and 28.9% this year due to a lack of demand caused by changes in working conditions. Office vacancy rates in the US have worsened, with 65% of the 200 largest areas reporting increases in vacancy...

2023-06-08 04:12:24 ET Treasury Secretary Janet Yellen in a CNBC interview cautioned that U.S. banks could be pressured by the weakening commercial real estate market and are likely preparing for difficulties ahead. "I do think there will be issues with respect to commercial real e...

2023-05-22 09:00:00 ET Summary Armada Hoffler offers an attractive-looking yield and an impressive 3-year track record for dividend growth. AHH reported disappointing Q3 results recently and has significant debt challenges. This article examines the growth, balance sheet, divi...

2023-05-22 07:00:00 ET Summary When the oppression of the pandemic on labor became too much to bear, laborers revolted; remote work's convenience and flexibility have created an office exodus. Berkshire Hathaway Vice Chairman Charlie Munger said, “A lot of real estate isn&#...

Paramount Group, Inc. (NYSE: PGRE) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 1.5% on the day to $4.41. Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust ...

2023-05-19 09:00:00 ET Summary The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a we...

2023-05-11 10:00:00 ET Summary After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports ...