Should You Consider Simon Property Group, Inc. (NYSE:SPG)?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Simon Property Group, Inc. (NYSE:SPG) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of SPG, it is a notable dividend payer with a a great track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on Simon Property Group here.

Solid track record established dividend payer

In the previous year, SPG has ramped up its bottom line by 25%, with its latest earnings level surpassing its average level over the last five years. Not only did SPG outperformed its past performance, its growth also exceeded the REITs industry expansion, which generated a 14% earnings growth. This is what investors like to see!

NYSE:SPG Income Statement Export February 6th 19
NYSE:SPG Income Statement Export February 6th 19

SPG’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 4.5%.

NYSE:SPG Historical Dividend Yield February 6th 19
NYSE:SPG Historical Dividend Yield February 6th 19

Next Steps:

For Simon Property Group, I’ve put together three important factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SPG’s future growth? Take a look at our free research report of analyst consensus for SPG’s outlook.
  2. Financial Health: Are SPG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SPG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.