HOUSTON, Feb. 28, 2017 /PRNewswire/ -- Parkway, Inc. (NYSE: PKY) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share, which will be payable on March 30, 2017 to shareholders of record of Common Stock on March 16, 2017. This quarterly dividend represents an annualized dividend rate of $0.40 per share.
Parkway is an independent, publicly traded, self-managed real estate investment trust that owns and operates high-quality office properties located in attractive submarkets in Houston, Texas. As of December 31, 2016, our portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and Westchase submarkets of Houston.
Vice President, Finance & Capital Markets
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SOURCE Parkway, Inc.