Simon Property Group, Inc. Increases Quarterly Dividend $SPG

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  • Simon Property Group, Inc. (NYSE:SPG) declares $2.10/share quarterly dividend, 2.4% increase from prior dividend of $2.05.
  • Forward yield 5.24%
  • Payable August 30; for shareholders of record August 16; ex-div August 15.



Today, Simon's Board of Directors declared a quarterly common stock dividend of $2.10 per share.  This is a 5.0% increase year-over-year.  The dividend will be payable on August 30, 2019 to shareholders of record on August 16, 2019.

 During the quarter ended June 30, 2019, the Company repurchased 1,046,580 shares of its common stock.

For more information, visit www.investors.simon.com


According to the list of U.S. Dividend Champions, Simon Property is a Dividend Contenders. SPG has a 10-year dividend raising streak.


Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
10.5
9.3
12.6
8.8






Dividend Yield Chart:

Dividend Yield %: Close to 5-year high



This is the historical trailing annual dividend yield of Simon Property Group Inc. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History



This the dividend history of Simon Property Group Inc.


Payout Ratio:



This is the historical payout ratio of Simon Property Group Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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