Simon Property Group's most recent quarterly dividend of $1.8 per share was on Dec 8, 2022 (ex-date). The annualized payout of $6.9 per share represents a current dividend yield of 5.48%. The latest SPG distribution of $1.8 marks a dividend growth of 2.9%.
Simon Property Group's dividend yield of 5.48% is above the industry and its peers average but below the Real Estate sector average. Compared to its Real Estate sector average of 5.79%, Simon Property Group's dividend yield is 5% lower. Historically SPG's dividend yield has averaged at 5.7% in the last 5 years, which is similar to 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 18% for the last twelve months. And since the stock price has gone down by 15% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 8, 2022 | Dec 30, 2022 | Nov 1, 2022 | $1.8 | normal |
| 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 115% is above the Real Estate sector and its peers average but below the industry average. Compared to its Real Estate sector average of 106.2%, Simon Property Group's payout ratio is 8% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPG Simon Property Group Inc | 5.48% | $6.9 | 115% |
| TGT Target Corp | 2.37% | $4.14 | 56.1% |
| DKS Dick'S Sporting Goods Inc | 1.45% | $1.95 | 13.1% |
| NKE NIKE Inc | 1% | $1.26 | 35% |
| DDS Dillard'S Inc | 0.19% | $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 March 2023.
Simon Property Group's last regular dividend was on Dec 8, 2022 (ex-date) with the amount of $1.8 per share.
On an annual basis SPG pays $6.9 per share.
The current dividend yield of Simon Property Group is 5.48%.
Simon Property Group pays dividends quarterly.
Simon Property Group's dividend payout ratio is 115%.
Simon Property Group's dividend yield is below the Real Estate sector average.