TIER REIT Inc (NYSE:TIER) advises to “Mark your calendars” for Jun 29, 2018; dividends expected to reach $0.18.

June 13, 2018 - By Ash

TIER REIT, Inc. (NYSE:TIER) Logo

TIER REIT Inc (NYSE:TIER) is expected to pay $0.18 on Jun 29, 2018. Shareholders owning the stock before Jun 14, 2018 will be eligible to receive the payout. Based on TIER REIT Inc’s current price of $22.29, the dividend is 0.81 %. This dividend’s record date is Jun 15, 2018 and the announcement date is May 4, 2018. The stock increased 0.18% or $0.04 during the last trading session, reaching $22.29. About 127,335 shares traded. TIER REIT, Inc. (NYSE:TIER) has risen 29.95% since June 13, 2017 and is uptrending. It has outperformed by 17.38% the S&P500.

TIER REIT, Inc. is a publicly traded , self-managed, Dallas real estate investment trust focused on owning quality, well-managed commercial office properties in dynamic markets throughout the U.S. The company has market cap of $1.07 billion. Our vision is to be the premier owner and operator of best-in-class office properties in TIER1 submarkets, which are primarily higher density and amenity-rich locations within select, high-growth metropolitan areas that offer a walkable experience to various amenities. It has a 12.74 P/E ratio. Our mission is to provide unparalleled, TIER ONE Property Services to our tenants and outsized total return through stock price appreciation and dividend growth to our stockholders.

TIER REIT, Inc. (NYSE:TIER) Ratings Coverage

Among 6 analysts covering TIER REIT (NYSE:TIER), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TIER REIT had 11 analyst reports since December 15, 2017 according to SRatingsIntel. The firm earned “Market Outperform” rating on Friday, June 8 by JMP Securities. The rating was upgraded by JP Morgan on Wednesday, May 16 to “Overweight”. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, February 13. The company was initiated on Friday, December 22 by Cantor Fitzgerald. On Thursday, May 17 the stock rating was maintained by BMO Capital Markets with “Buy”. The company was maintained on Wednesday, February 28 by Cantor Fitzgerald. On Monday, February 12 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of TIER REIT, Inc. (NYSE:TIER) has “Buy” rating given on Wednesday, May 16 by J.P. Morgan. As per Friday, December 15, the company rating was maintained by BMO Capital Markets. The stock of TIER REIT, Inc. (NYSE:TIER) has “Buy” rating given on Friday, January 19 by Cantor Fitzgerald.

More news for TIER REIT, Inc. (NYSE:TIER) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Oritani Financial, TIER REIT, The Boston Beer, Fidelity Southern, Riot …” on May 21, 2018. Bizjournals.com‘s article titled: “With billions to invest, Stonepeak to open Austin office in new skyscraper, Bloomberg says” and published on June 08, 2018 is yet another important article.

TIER REIT, Inc. (NYSE:TIER) Ratings Chart

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