SPG Simon Property Group dividend history, payout ratio & dates
Simon Property Group's most recent dividend of $2.05 per share was on Sep 9, 2024 (ex-date). The annualized payout of $7.9 per share represents a current dividend yield of 4.53%. The latest SPG distribution of $2.05 marks a dividend growth of 2.5%.
Key dates
- SPG last dividend date: Sep 9, 2024
SPG dividend stats
vs. Real Estate sector
Dividend yield
Simon Property Group's dividend yield of 4.53% is above the industry and its peers average but below the Real Estate sector average. Compared to its Real Estate sector average of 5.82%, Simon Property Group's dividend yield is 22% lower. Historically SPG's dividend yield has averaged at 6.2% in the last 5 years, which is above the current yield.
Dividend history
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 7% for the last twelve months. But since the stock price has gone up by 58% from a year ago, the dividend yield has decreased by 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 9, 2024 | $2.05 | 4.88% |
| Jun 7, 2024 | $2 | 5.11% |
| Mar 7, 2024 | $1.95 | 5.08% |
| Dec 7, 2023 | $1.9 | 5.67% |
| Sep 7, 2023 | $1.9 | 6.42% |
| Jun 8, 2023 | $1.85 | 6.56% |
| Mar 9, 2023 | $1.8 | 6.01% |
| Dec 8, 2022 | $1.8 | 5.89% |
| Sep 8, 2022 | $1.75 | 6.58% |
| Jun 8, 2022 | $1.7 | 7.32% |
| Mar 9, 2022 | $1.65 | 5.66% |
| Dec 9, 2021 | $1.65 | 3.84% |
| Sep 8, 2021 | $1.5 | 5.15% |
| Jul 1, 2021 | $1.4 | 4.03% |
| Apr 8, 2021 | $1.3 | 4.55% |
| Dec 23, 2020 | $1.3 | 7.17% |
| Oct 8, 2020 | $1.3 | 9.7% |
| Jul 9, 2020 | $1.3 | 12.45% |
| Feb 13, 2020 | $2.1 | 6.02% |
| Nov 14, 2019 | $2.1 | 5.4% |
| Aug 15, 2019 | $2.1 | 5.54% |
| May 16, 2019 | $2.05 | 4.62% |
| Feb 13, 2019 | $2.05 | 4.35% |
| Nov 15, 2018 | $2 | 4.33% |
| Aug 16, 2018 | $2 | 4.38% |
| May 16, 2018 | $1.95 | 4.89% |
| Feb 13, 2018 | $1.95 | 4.73% |
| Nov 15, 2017 | $1.85 | 4.49% |
| Aug 15, 2017 | $1.8 | 4.41% |
| May 15, 2017 | $1.75 | 4.35% |
| Feb 10, 2017 | $1.75 | 3.65% |
| Nov 14, 2016 | $1.65 | 3.5% |
| Aug 15, 2016 | $1.65 | 3.01% |
| May 13, 2016 | $1.6 | 3.23% |
| Feb 10, 2016 | $1.6 | 3.45% |
| Nov 12, 2015 | $1.6 | 3.17% |
| Aug 13, 2015 | $1.55 | 3.01% |
| May 13, 2015 | $1.5 | 3.03% |
| Feb 11, 2015 | $1.4 | 2.75% |
Simon Property Group dividend payout ratio
Payout ratio
Simon Property Group's payout ratio of 100.3% is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 140.2%, Simon Property Group's payout ratio is 28% lower.
Total amount of dividends paid per financial year (from cash flow)
SPG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DDS Dillard'S Inc | 5.42% | $21 | 51.8% |
| SPG Simon Property Group Inc | 4.53% | $7.9 | 100.3% |
| TGT Target Corp | 2.84% | $4.42 | 45.5% |
| DKS Dick'S Sporting Goods Inc | 2% | $4.3 | 30.6% |
| NKE NIKE Inc | 1.77% | $1.48 | 42.2% |
| RL Ralph Lauren Corp | 1.55% | $3.15 | 29.7% |
| PVH Pvh Corp | 0.15% | $0.15 | 1.2% |
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 was SPG's last dividend?
Simon Property Group's last regular dividend was on Sep 9, 2024 (ex-date) with the amount of $2.05 per share.
How much dividend does Simon Property Group pay (per share)?
On an annual basis SPG pays $7.9 per share.
What is Simon Property Group's dividend yield?
The current dividend yield of Simon Property Group is 4.53%.
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 100.3%.
Does Simon Property Group pay a good dividend?
Simon Property Group's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.