Ex-Dividend Reminder: Royalty Pharma, Piedmont Office Realty Trust and Western Asset Diversified Income
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2025
0mins
Source: NASDAQ.COM
Upcoming Ex-Dividend Dates: On 2/21/25, Royalty Pharma plc (RPRX), Piedmont Office Realty Trust Inc (PDM), and Western Asset Diversified Income Fundhare (WDI) will trade ex-dividend, with respective dividends of $0.22, $0.125, and $0.1485 scheduled for payment in March 2025.
Dividend Yield Expectations: The estimated annualized yields based on the recent dividends are 2.68% for RPRX, 6.78% for PDM, and 11.68% for WDI, indicating potential stability in their dividend payments despite the unpredictable nature of company profits.
Analyst Views on PDM
Wall Street analysts forecast PDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDM is 9.00 USD with a low forecast of 9.00 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 8.750
Low
9.00
Averages
9.00
High
9.00
Current: 8.750
Low
9.00
Averages
9.00
High
9.00
About PDM
Piedmont Realty Trust, Inc., formerly Piedmont Office Realty Trust, Inc., is a fully integrated, self-managed real estate investment company. As an owner, manager, developer and operator of 16 MM SF of Class A properties across major United States Sunbelt markets, the Company is transforming buildings into premier Piedmont PLACEs that enhance each client’s workplace experience. It conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). Piedmont OP owns properties directly, through wholly owned subsidiaries, and through various joint ventures which it controls. Its portfolio includes 999 Peachtree, 1155 Perimeter Center West, Las Colinas Connection, Park Place on Turtle Creek, Norman Pointe I, US Bancorp Center, The Exchange on Orange, 4250 North Fairfax, Arlington Gateway, Crescent Ridge II, and Wayside Office Park, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
