Simon Property Group Dividends and Buybacks
Dividend criteria checks 5/6
Simon Property Group is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 9th December, 2024.
Key information
4.6%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 5.7% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 09 Dec 24 |
| Dividend per share | US$8.400 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Simon Property Group Is Still Undervalued
Nov 14Simon Property Group: Inexpensive And Still Increasing The Dividend Yielding Around 5%
Nov 04Simon Property Group: The Rebirth Of Malls Is Experiential
Oct 24Simon Property Group: Cheap Dividend Growth
Sep 23Simon Property Group: Why Momentum Might Be In The Cards
Sep 03Simon Property Group: Not The Best Investment At This Point
Aug 18Simon Property Group: Still In My Portfolio But Certainly Not Adding More
Jul 13Simon Property Group Can Go Higher After Increased Dividend And 2024 Guidance
Jun 07Simon Property Group Q1 Results: A 'Hold' Due To Its Premium Valuation
May 07Simon Property: Time To Take Some Profit
Apr 21I Added Simon Property Group's 5.4% Dividend Yield To My Shopping
Apr 15Simon Property Group: I'd Be Careful Here Due To Valuation (Rating Downgrade)
Mar 24Simon Property Group: Strong Fundamentals Make This REIT A Buy And Hold
Mar 18Simon Property Group: Not Ready To Pull The Trigger
Feb 09Simon Property: The Upside Is Still Attractive, So It's A Buy
Jan 23Simon Property Group: Simon Says 'Hold'
Dec 26Buy Simon Property Group For The Future Yield
Dec 19Simon Property Group Likely To Face Headwinds But Remains A BUY
Dec 01Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive
Oct 31Simon Property Group: Malls Are Not Dead
Oct 25Simon Property Group: Closing In On Sub-$100
Oct 10Simon Property Group: One Of The Best 7% Dividend Yields
Oct 04Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020
Sep 21Simon Property: Solid Performer With Significant Potential Upside
Sep 12Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown
Sep 01Simon Property Group: The Yield Will Get Fatter
Aug 03Simon Property Group: A Fine REIT, But Better Alternatives Exist
Jul 14Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)
Jun 26The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group
Jun 13Simon Property Group: Interesting Undervaluation Levels Once Again
Jun 06Simon Property: A 7.2% Yield For Cheap, I'm Jumping In
May 27Why I Sold Simon Property Group - Again
Feb 19Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M
Feb 06Simon Property: The Bulls Will Likely Prevail
Dec 25Simon Property: Cheaply Valued For The Long Run
Dec 15Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued
Nov 11Simon Property Group Benefits From A Changing Real Estate Model
Oct 31Simon Property launches its own American Express card with Cardless
Oct 18Simon Property Group: The Mall Is Dead, Long Live The Mall
Oct 11Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does
Sep 12Simon Property Group: A Switch Makes Sense
Aug 25Simon Property Group: This Price Is Just Plain Silly
Aug 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPG's dividends per share have been stable in the past 10 years.
Growing Dividend: SPG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Simon Property Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPG) | 4.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Retail REITs) | 4.5% |
| Analyst forecast (SPG) (up to 3 years) | 4.8% |
Notable Dividend: SPG's dividend (4.62%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SPG's dividend (4.62%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), SPG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.4%), SPG's dividend payments are not well covered by cash flows.