Piedmont Office Realty

Owners of Piedmont Office Realty (NYSE: PDM) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $17.32 as of 9:36 a.m. ET, the dividend yield is 4.6%.

The average volume for Piedmont Office Realty has been 989,300 shares per day over the past 30 days. Piedmont Office Realty has a market cap of $2.9 billion and is part of the real estate industry. Shares are down 3.1% year to date as of the close of trading on Monday.

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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. The company has a P/E ratio of 43.85.

TheStreet Ratings rates Piedmont Office Realty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Piedmont Office Realty Ratings Report now.

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