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Simon Property Group (Simon Property Group) Dividend Yield %

: 5.37% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Simon Property Group is 5.37%.

The historical rank and industry rank for Simon Property Group's Dividend Yield % or its related term are showing as below:

SPG' s Dividend Yield % Range Over the Past 10 Years
Min: 2.54   Med: 4.33   Max: 17.87
Current: 5.37

During the past 13 years, the highest Dividend Yield of Simon Property Group was 17.87%. The lowest was 2.54%. And the median was 4.33%.

SPG's Dividend Yield % is ranked worse than
68.1% of 837 companies
in the REITs industry
Industry Median: 7.14 vs SPG: 5.37

Simon Property Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.05.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Simon Property Group Inc is 1.26, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Simon Property Group was 1.27. The lowest was 1.08. And the median was 1.14.

As of today (2024-04-19), the Forward Dividend Yield % of Simon Property Group is 5.51%.

Simon Property Group's Dividends per Share for the three months ended in Dec. 2023 was $1.90.

During the past 12 months, Simon Property Group's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Simon Property Group was 21.40% per year. The lowest was -13.10% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Simon Property Group Dividend Yield % Historical Data

The historical data trend for Simon Property Group's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simon Property Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.57 7.04 3.66 5.88 5.22

Simon Property Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.88 6.30 6.23 6.80 5.22

Competitive Comparison

For the REIT - Retail subindustry, Simon Property Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Simon Property Group Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Simon Property Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Simon Property Group's Dividend Yield % falls into.



Simon Property Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Simon Property Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.9502024-03-072024-03-082024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.9002023-12-072023-12-082023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.9002023-09-072023-09-082023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.8502023-06-082023-06-092023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Simon Property Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.6/140.37
=5.41 %

Current Share Price is $140.37.
Simon Property Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.6.

Simon Property Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.8/140.37
=5.56 %

Current Share Price is $140.37.
Simon Property Group's Dividends per Share for the forward twelve months is calculated as $1.95 * 4 = $7.8.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Simon Property Group  (NYSE:SPG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Simon Property Group Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Simon Property Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Simon Property Group (Simon Property Group) Business Description

Address
225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Executives
Larry C Glasscock director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Randall J Lewis director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Allan B Hubbard director ANTHEM INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Glyn Aeppel director 6 WHIPPOORWILL LANE, WESTPORT CT 06880
Gary M Rodkin director 700 ANDERSON HILL RD, PURCHASE NJ 10577
Reuben S Leibowitz director 466 LEXINGTON AVENUE 10TH FL, NEW YORK NY 10017
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Daniel C. Smith director 3000 GODFREY GRADUATE AND EXECUTIVE CTR., 1275 EAST TENTH STREET, BLOOMINGTON IN 47405-1703
Stefan M Selig director 2 EAST 70TH STREET, NEW YORK NY 10021
Peggy Fang Roe director 100 COMMERCE LANE, APT. 1401, BETHESDA MD 20814
Karen N Horn director
Smith J Albert Jr director 111 MONUMENT CIRCLE, IN1-0175, INDIANAPOLIS IN 46204
Matthew A Jackson officer: SVP, Assistant Treasurer 225 W. WASHINGTON ST., INDIANAPOLIS IN 46256
Kevin M Kelly officer: Asst. General Counsel/Sec. 225 W. WASHINGTON ST., INDIANAPOLIS IN 46204
Donald G Frey officer: EVP, Treasurer 225 W. WASHINGTON ST., INDIANAPOLIS IN 46204

Simon Property Group (Simon Property Group) Headlines