PDM Stock — Piedmont Office Realty Trust Inc

Piedmont Office Realty Trust Inc (PDM)

Updated October 16, 2026.

PDM is a Stock. Total return is 71.7% over the past 23.2 years, 1011.5 points behind SPY at 1083.2%.

Piedmont Office Realty Trust Inc. is a self-managed real estate investment trust that owns, manages, develops, and operates a substantial portfolio of Class A office properties across major U.S. Sunbelt markets, emphasizing hospitality-driven workplace environments. The company does not currently distribute to shareholders. This REIT appeals primarily to investors seeking real estate exposure rather than current income.

PDM performance versus SPY

Price and return data through 2026-10-16.

Total return is 71.7% over the past 23.2 years, 1011.5 points behind SPY at 1083.2%. Over the past year its total return — price change plus distributions reinvested — is 11.5%. Its deepest 1-year drawdown was 27.9%.

PDM key facts

Asset type

Stock

Asset class

Equity

Inception date

08/01/2003

Distribution frequency

None

5-year average yield

5.48

Last close

$9.09 (as of 2026-10-16)

Market cap

$1,137,457,379

Average volume

1402424.0

Ex-dividend date

02/21/2025

Payment date

03/14/2025

Beta

1.383

Payout ratio

167.8%

Forward P/E

75.188

EPS

$-0.65

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PDM risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 27.9%.

Who may consider PDM — and who may not

It is a weaker fit for investors who need monthly cash flow (PDM does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PDM

• All tickers starting with P

Tagged: Real Estate.

Frequently asked questions