Simon Property Group, Inc.

NYSE:SPG Stock Report

Market Cap: US$56.0b

Simon Property Group Dividend

Dividend criteria checks 6/6

Simon Property Group is a dividend paying company with a current yield of 5.21% that is well covered by earnings. Next payment date is on 29th March, 2024 with an ex-dividend date of 7th March, 2024.

Key information

5.2%

Dividend yield

52%

Payout ratio

Industry average yield5.1%
Next dividend pay date29 Mar 24
Ex dividend date07 Mar 24
Dividend per sharen/a
Earnings per shareUS$7.00
Dividend yield forecast in 3Y5.5%

Recent dividend updates

Recent updates

Simon Property Group: Not Ready To Pull The Trigger

Feb 09

Simon Property: The Upside Is Still Attractive, So It's A Buy

Jan 23

Simon Property Group: Simon Says 'Hold'

Dec 26

Buy Simon Property Group For The Future Yield

Dec 19

Simon Property Group Likely To Face Headwinds But Remains A BUY

Dec 01

Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive

Oct 31

Simon Property Group: Malls Are Not Dead

Oct 25

Simon Property Group: Closing In On Sub-$100

Oct 10

Simon Property Group: One Of The Best 7% Dividend Yields

Oct 04

Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020

Sep 21

Simon Property: Solid Performer With Significant Potential Upside

Sep 12

Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown

Sep 01

Simon Property Group: The Yield Will Get Fatter

Aug 03

Simon Property Group: A Fine REIT, But Better Alternatives Exist

Jul 14

Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)

Jun 26

The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group

Jun 13

Simon Property Group: Interesting Undervaluation Levels Once Again

Jun 06

Simon Property: A 7.2% Yield For Cheap, I'm Jumping In

May 27

Why I Sold Simon Property Group - Again

Feb 19

Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M

Feb 06

Simon Property: The Bulls Will Likely Prevail

Dec 25

Simon Property: Cheaply Valued For The Long Run

Dec 15

Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued

Nov 11

Simon Property Group Benefits From A Changing Real Estate Model

Oct 31

Simon Property launches its own American Express card with Cardless

Oct 18

Simon Property Group: The Mall Is Dead, Long Live The Mall

Oct 11

Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does

Sep 12

Simon Property Group: A Switch Makes Sense

Aug 25

Simon Property Group: This Price Is Just Plain Silly

Aug 18

Simon Property raises dividend by 6% to $1.75

Aug 01

Simon Property Group: Pessimism Has Gone Too Far

Jul 18

Simon Property Group: My Oh My, A Mall REIT Buy?

Jul 07

Simon Property Group: It's A Buy Now!

Jun 30

Simon Property: One Of The Best Yields Out There

Jun 13

Simon Property: Buy Signal From 4% Yield Spread

May 28

Simon Property Group: Undervalued And Inflation Resistant

Apr 26

Simon Property Group: 5% Yield Is Enticing And I Expect More Dividend Increases

Apr 12

Upcoming Dividend Payment

TodayFeb 27 2024Ex Dividend DateMar 07 2024Dividend Pay DateMar 29 202422 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

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
How does SPG dividend yield compare to the market?
SegmentDividend Yield
Company (SPG)5.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Retail REITs)5.1%
Analyst forecast in 3 Years (SPG)5.5%

Notable Dividend: SPG's dividend (5.21%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: SPG's dividend (5.21%) is in the top 25% of dividend payers in the US market (4.78%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.1%), SPG's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (93.2%), SPG's dividend payments are covered by cash flows.


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