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SPG Simon Property Group dividend history, payout ratio & dates

Simon Property Group's most recent quarterly dividend of $1.95 per share was on Mar 7, 2024 (ex-date). The annualized payout of $7.6 per share represents a current dividend yield of 5.17%. The latest SPG distribution of $1.95 marks a dividend growth of 2.6%.

Key dates

  • SPG last dividend date: Mar 7, 2024
  • SPG next dividend date: Not announced
SPG dividend stats
DPS
$7.6
Dividend yield
5.25%
Payout ratio
108.9%
vs. Real Estate sector
Dividend yield
6.33%
Payout ratio
137.9%

Dividend yield

What is Simon Property Group current dividend yield

Simon Property Group's dividend yield of 5.17% is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.33%, Simon Property Group's dividend yield is 18% lower. Historically SPG's dividend yield has averaged at 6.0% in the last 5 years, which is above the current yield.

Dividend history

What is SPG dividend payout history and dates

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 8% for the last twelve months. But since the stock price has gone up by 33% from a year ago, the dividend yield has decreased by 19%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 7, 2024 Mar 29, 2024 Feb 5, 2024 $1.95 normal
Dec 7, 2023 Dec 29, 2023 Oct 30, 2023 $1.9 normal
Sep 7, 2023 Sep 29, 2023 Aug 2, 2023 $1.9 normal
Jun 8, 2023 Jun 30, 2023 May 2, 2023 $1.85 normal
Mar 9, 2023 Mar 31, 2023 Feb 6, 2023 $1.8 normal
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 dividend payout ratio

What is Simon Property Group dividend payout ratio compared to the sector

Payout ratio

Simon Property Group's payout ratio of 108.9% is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 137.9%, Simon Property Group's payout ratio is 21% lower.

Total amount of dividends paid per financial year (from cash flow)

SPG dividend vs peer dividends

How does SPG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SPG Simon Property Group Inc 5.25% $7.6 108.9%
TGT Target Corp 2.64% $4.38 48.9%
DKS Dick'S Sporting Goods Inc 2.02% $4.1 32.2%
NKE NIKE Inc 1.54% $1.42 41.3%
DDS Dillard'S Inc 0.23% $0.95 2.1%

Frequently asked questions

Does Simon Property Group pay a dividend?

Yes, Simon Property Group has paid four dividends in the last twelve months. SPG has been paying dividends since 1994.

When is Simon Property Group's next dividend?

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 June 2024.

When was SPG's last dividend?

Simon Property Group's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $1.95 per share.

How much dividend does Simon Property Group pay (per share)?

On an annual basis SPG pays $7.6 per share.

What is Simon Property Group's dividend yield?

The current dividend yield of Simon Property Group is 5.17%.

How often does Simon Property Group pay dividends?

Simon Property Group pays dividends quarterly.

What is Simon Property Group's dividend payout ratio?

Simon Property Group's dividend payout ratio is 108.9%.

Does Simon Property Group pay a good dividend?

Simon Property Group's dividend yield is below the Real Estate sector average.