PGRE Paramount Group Inc

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends.

Common Shares (CUSIP #69924R108)

Record Date

 

Payable Date

 

Total Dividends Per Share

 

 

Total Dividends Allocable to 2024

 

 

2024 Taxable Ordinary Dividends (1)

 

 

Total Capital Gain Distribution

 

 

Total Section 1250 Unrecaptured Gain

 

 

2024 Non-taxable Dividend (Return of Capital)

 

12/29/2023

 

01/12/2024

 

$

0.035000

 

 

$

0.035000

 

 

$

0.019610

 

 

$

0.000000

 

 

$

0.000000

 

 

$

0.015390

 

03/28/2024

 

04/15/2024

 

 

0.035000

 

 

 

0.035000

 

 

 

0.019610

 

 

 

0.000000

 

 

 

0.000000

 

 

 

0.015390

 

06/28/2024

 

07/15/2024

 

 

0.035000

 

 

 

0.035000

 

 

 

0.019610

 

 

 

0.000000

 

 

 

0.000000

 

 

 

0.015390

 

Totals for 2024

 

$

0.105000

 

 

$

0.105000

 

 

$

0.058830

 

 

$

0.000000

 

 

$

0.000000

 

 

$

0.046170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) The amounts in this column are treated as “qualified REIT dividends” for purposes of Internal Revenue Code Section 199A.

 

About Paramount Group, Inc.

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250121755406/en/

Wilbur Paes Chief Operating Officer, Chief Financial Officer and Treasurer 212-237-3122 ir@pgre.com

Tom Hennessy Vice President, Investor Relations and Business Development 212-237-3138 ir@pgre.com

Media: 212-492-2285 pr@pgre.com