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Paramount Group Maintains Same Dividend for Seventh Quarter

Share Price has Increased 9.8% Since Start of 2019 as REIT Remains Bullish On US Investments During Active Third Quarter
Paramount Group recently agreed to buy the two-building Market Center office complex in San Francisco from Blackstone Real Estate Partners for $722 million. (CoStar)
Paramount Group recently agreed to buy the two-building Market Center office complex in San Francisco from Blackstone Real Estate Partners for $722 million. (CoStar)
By Nicolas Foster
CoStar Research
September 17, 2019 | 8:06 P.M.

Following an active third quarter that saw it make major investments in a pair of San Francisco assets, real estate investment trust Paramount Group confirmed its quarterly dividend payout will remain $0.10 per share and will be paid on October 15, 2019 to shareholders of record as of September 30, 2019, unchanged for the seventh consecutive quarter.

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