Piedmont Realty Trust: Leasing Momentum And Cash Flow Visibility Support A Dividend Return

Core Viewpoint - Piedmont Realty Trust (PDM) suspended its common stock dividend in April last year, citing capital allocation as the reason for this decision [1]. Group 1: Company Actions - The board of directors of Piedmont Realty Trust decided to suspend the dividend on its common stock [1]. Group 2: Investment Strategy - The investment strategy focuses on identifying Real Estate Investment Trusts (REITs) that are temporarily out-of-favor, utilizing fundamental economic insights to assess intrinsic value [1].