Simon Property Group's most recent quarterly dividend of $1.75 per share was on Sep 8, 2022 (ex-date). The annualized payout of $6.75 per share represents a current dividend yield of 7.05%. The latest SPG distribution of $1.75 marks a dividend growth of 2.9%.
Simon Property Group's dividend yield of 7.05% is above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 6.22%, Simon Property Group's dividend yield is 13% higher. Historically SPG's dividend yield has averaged at 5.6% in the last 5 years, which is below the current yield.
Simon Property Group has a history of paying dividends since 1994. Our records of SPG show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 23% for the last twelve months. And since the stock price has gone down by 27% from a year ago, the dividend yield has increased by 68%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 8, 2022 | Sep 30, 2022 | Aug 1, 2022 | $1.75 | normal |
| Jun 8, 2022 | Jun 30, 2022 | May 9, 2022 | $1.7 | normal |
| Mar 9, 2022 | Mar 31, 2022 | Feb 7, 2022 | $1.65 | normal |
| Dec 9, 2021 | Dec 31, 2021 | Nov 1, 2021 | $1.65 | normal |
| Sep 8, 2021 | Sep 30, 2021 | Aug 2, 2021 | $1.5 | normal |
| Jul 1, 2021 | Jul 23, 2021 | Jun 21, 2021 | $1.4 | normal |
| Apr 8, 2021 | Apr 23, 2021 | Mar 30, 2021 | $1.3 | normal |
| Dec 23, 2020 | Jan 22, 2021 | Dec 15, 2020 | $1.3 | normal |
| Oct 8, 2020 | Oct 23, 2020 | Sep 29, 2020 | $1.3 | normal |
| Jul 9, 2020 | Jul 24, 2020 | Jun 29, 2020 | $1.3 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Feb 4, 2020 | $2.1 | normal |
| Nov 14, 2019 | Nov 29, 2019 | Oct 30, 2019 | $2.1 | normal |
| Aug 15, 2019 | Aug 30, 2019 | Jul 31, 2019 | $2.1 | normal |
| May 16, 2019 | May 31, 2019 | Apr 30, 2019 | $2.05 | normal |
| Feb 13, 2019 | Feb 28, 2019 | Feb 1, 2019 | $2.05 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Oct 25, 2018 | $2 | normal |
| Aug 16, 2018 | Aug 31, 2018 | Jul 30, 2018 | $2 | normal |
| May 16, 2018 | May 31, 2018 | Apr 27, 2018 | $1.95 | normal |
| Feb 13, 2018 | Feb 28, 2018 | Jan 31, 2018 | $1.95 | normal |
| Nov 15, 2017 | Nov 30, 2017 | $1.85 | normal | |
| Aug 15, 2017 | Aug 31, 2017 | Aug 1, 2017 | $1.8 | normal |
| May 15, 2017 | May 31, 2017 | Apr 27, 2017 | $1.75 | normal |
| Feb 10, 2017 | Feb 28, 2017 | Jan 31, 2017 | $1.75 | normal |
| Nov 14, 2016 | Nov 30, 2016 | Oct 26, 2016 | $1.65 | normal |
| Aug 15, 2016 | Aug 31, 2016 | Jul 27, 2016 | $1.65 | normal |
| May 13, 2016 | May 31, 2016 | Apr 26, 2016 | $1.6 | normal |
| Feb 10, 2016 | Feb 29, 2016 | Jan 29, 2016 | $1.6 | normal |
| Nov 12, 2015 | Nov 30, 2015 | Oct 27, 2015 | $1.6 | normal |
| Aug 13, 2015 | Aug 31, 2015 | Jul 24, 2015 | $1.55 | normal |
Simon Property Group's payout ratio of 105.1% is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 116.9%, Simon Property Group's payout ratio is 10% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPG Simon Property Group Inc | 7.05% | $6.75 | 105.1% |
| TGT Target Corp | 2.53% | $3.96 | 44.5% |
| DKS Dick'S Sporting Goods Inc | 1.7% | $1.9 | 12.1% |
| NKE NIKE Inc | 1.34% | $1.22 | 31.9% |
| DDS Dillard'S Inc | 0.29% | $0.8 | 1.6% |
Yes, Simon Property Group has paid four dividends in the last twelve months. SPG has been paying dividends since 1994.
SPG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in December 2022.
Simon Property Group's last regular dividend was on Sep 8, 2022 (ex-date) with the amount of $1.75 per share.
On an annual basis SPG pays $6.75 per share.
The current dividend yield of Simon Property Group is 7.05%.
Simon Property Group pays dividends quarterly.
Simon Property Group's dividend payout ratio is 105.1%.
Simon Property Group's dividend yield is above the Real Estate sector average.