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Paramount Group Suspends Quarterly Dividend to Strengthen Balance Sheet
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Paramount Group Suspends Quarterly Dividend to Strengthen Balance Sheet
Sep 13, 2024 12:06 PM

08:30 AM EDT, 09/13/2024 (MT Newswires) -- Paramount Group ( PGRE ) said Friday its board suspended the regular quarterly dividend that would have been payable on Oct. 15.

Paramount Chief Executive Albert Behler said the board's decision reflects the company's "commitment to fortify our balance sheet and maintain the utmost financial flexibility."

Price: 4.9500, Change: +0.01, Percent Change: +0.20

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