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Simon Property Group (SPG) Dividend Yield, Date & History

Simon Property Group logo
$171.61 +2.35 (+1.39%)
(As of 12/20/2024 05:31 PM ET)

Simon Property Group Dividend Summary

Dividend Yield
4.89%
Annual Dividend
$8.40
Next
Dividend Payment
Dec. 30
Annualized 3-Year
Dividend Growth
7.48%
Dividend Payout Ratio
111.85%

Simon Property Group (SPG) pays an annual dividend of $8.40 per share, with a dividend yield of 4.89%. The next quarterly payment of $2.10 per share is scheduled for Monday, December 30, to investors who owned the stock before the ex-dividend date of Monday, December 9. The company currently pays out 111.85% of its earnings and 76.31% of its cash flow as dividends.

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SPG Dividend Payments by Quarter

The chart below displays up to four years of Simon Property Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SPG Dividend Yield Over Time

The chart below tracks Simon Property Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Simon Property Group vs. The Competition

Compare Simon Property Group's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeSimon Property GroupFinance CompaniesNYSE Companies
Annual Dividend$8.40$0.02$1.39
Dividend Yield4.89%10.52%3.58%
Annualized 3-Year Dividend Growth7.48%12.89%15.78%

Simon Property Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings111.85%
Based on This Year's Estimate65.83%
Based on Next Year's Estimate67.69%
Based on Cashflow76.31%

Simon Property Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/1/2024quarterly$2.10+$0.05
2.44%
4.97%12/9/202412/9/202412/30/2024
8/5/2024quarterly$2.05+$0.05
2.50%
5.54%9/9/20249/9/20249/30/2024
5/6/2024quarterly$2.00+$0.05
2.56%
5.54%6/7/20246/7/20246/28/2024
2/5/2024quarterly$1.95+$0.05
2.63%
5.7%3/7/20243/8/20243/29/2024
10/30/2023quarterly$1.90 - 7.22%12/7/202312/8/202312/29/2023
8/2/2023quarterly$1.90+$0.05
2.70%
6.13%9/7/20239/8/20239/29/2023
5/2/2023quarterly$1.85+$0.05
2.78%
6.6%6/8/20236/9/20236/30/2023
2/6/2023quarterly$1.80 - 5.6%3/9/20233/10/20233/31/2023

This table shows Simon Property Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Simon Property Group Dividend - Frequently Asked Questions

The current dividend yield for Simon Property Group is 4.89%. Learn more on SPG's dividend yield history.

The annual dividend for SPG shares is $8.40. Learn more on SPG's annual dividend history.

Simon Property Group pays quarterly dividends to shareholders.

Simon Property Group's next quarterly dividend payment of $2.10 per share will be made to shareholders on Monday, December 30, 2024.

Simon Property Group's most recent quarterly dividend payment of $2.05 per share was made to shareholders on Monday, September 30, 2024.

Simon Property Group's most recent ex-dividend date was Monday, December 9, 2024.

Over the past three years, the company's dividend has grown by an average of 7.48% per year.

The most recent change in the company's dividend was an increase of $0.05 on Friday, November 1, 2024.

The dividend payout ratio for SPG is:
  • 111.85% based on the trailing year of earnings
  • 65.83% based on this year's estimates
  • 67.69% based on next year's estimates
  • 76.31% based on cash flow

Simon Property Group's dividend yield of 4.90% is lower than the average Finance company that issues a dividend. Simon Property Group's dividend payout ratio of 111.85% may not be sustainable. However, based on earnings estimates, SPG will have a more sustainable dividend payout ratio of 67.69% next year.

Looking at the stock as a whole, market analysts rate Simon Property Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:SPG) was last updated on 12/21/2024 by MarketBeat.com Staff
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