Simon Property Group, Inc. (SPG) To Go Ex-Dividend on June 9th

Simon Property Group, Inc. (NYSE:SPG) declared a quarterly dividend on Monday, May 11th. Stockholders of record on Tuesday, June 9th will be paid a dividend of 2.25 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, June 9th. This is a 2.3% increase from Simon Property Group’s previous quarterly dividend of $2.20.

Simon Property Group has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Simon Property Group has a dividend payout ratio of 128.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Simon Property Group to earn $13.61 per share next year, which means the company should continue to be able to cover its $8.80 annual dividend with an expected future payout ratio of 64.7%.

Simon Property Group Trading Up 2.2%

Shares of NYSE:SPG opened at $205.52 on Wednesday. Simon Property Group has a 12-month low of $155.44 and a 12-month high of $208.28. The business’s fifty day simple moving average is $195.37 and its 200-day simple moving average is $189.66. The company has a market capitalization of $66.78 billion, a PE ratio of 14.28, a P/E/G ratio of 6.61 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 4.42.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. Simon Property Group had a return on equity of 118.05% and a net margin of 70.60%.The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the business posted $2.95 EPS. The business’s revenue was up 19.3% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, equities research analysts predict that Simon Property Group will post 13.19 earnings per share for the current fiscal year.

Key Headlines Impacting Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Simon Property Group beat Q1 expectations on FFO and revenue, with occupancy holding at 96%, signaling solid demand for its premier mall portfolio. Simon Property (SPG) Q1 FFO and Revenues Top Estimates
• Positive Sentiment: The company raised its 2026 FFO guidance and increased its quarterly dividend by 2.3%, both of which are supportive for investor sentiment and income-focused holders. Simon Reports First Quarter 2026 Results, Increases Full Year 2026 Real Estate FFO Per Share Guidance and Raises Quarterly Dividend
• Positive Sentiment: Management said retailers are renewing leases earlier, suggesting healthy tenant demand and reinforcing the durability of Simon’s shopping center portfolio. Simon Property Group Sees Retailers Racing to Renew Leases
• Positive Sentiment: Goldman Sachs reiterated a Buy rating, and Stifel also lifted its price target, highlighting continued analyst optimism after the earnings update. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Neutral Sentiment: Several commentaries argued that Simon Property remains a relatively safe place to invest in uncertain economic conditions, mainly due to its prime locations and diversified portfolio. Simon Property Group: The Place To Be When The Going Gets Tough
• Negative Sentiment: Stifel’s new $194 price target is below the current trading level, and its Hold rating suggests some upside may already be priced in after the recent run-up. Simon Property Group price target raised by Stifel Nicolaus

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.