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SPG

Simon Property Group, Inc.

S&P 500
SPG|Real Estate|REIT - Retail|$178.27|P/E 13.4|MCap 61.5B|NYSE

Last update: Mar 25, 2026 at 04:53

About Simon Property Group, Inc.

Simon Property Group, Inc. is a real estate investment trust specializing in the ownership and management of premier shopping, dining, entertainment, and mixed-use destinations across North America, Europe, and Asia. As the largest retail REIT in the United States, it operates a diverse portfolio that includes traditional malls, premium outlets, Mills centers combining malls, outlets, and big-box retailers, lifestyle centers, and other retail properties. The company focuses on high-quality assets with strong retailer sales performance, alongside international interests such as a stake in Klepierre, a European shopping center operator, and joint ventures in premium outlets worldwide. Simon Property Group, Inc. enhances its properties through redevelopments featuring luxury retail, dining, and experiential amenities, while integrating digital platforms like the Simon+ loyalty program and ShopSimon marketplace to connect shoppers across physical and online channels. Founded in 1993 and headquartered in Indianapolis, Indiana, it plays a central role in the retail real estate sector by curating vibrant destinations that serve consumers, retailers, and communities.

Dividend Overview

Dividend Yield

4.57%

Annual Dividend

$8.65

Frequency

Quarterly

Payout Ratio

60.34%

FCF Payout Ratio

100.97%

Stock Price

$178.27

52-Week Range

$136.34 $205.12

Dividend Health Score

63/ 100Safe

SPG's dividend appears safe and well-supported. Strengths include a 60.3% earnings payout ratio & 6.5x interest coverage. Areas of concern: 101.0% fcf payout ratio & 80.8% cfo payout ratio. The dividend has been growing at a 7.34% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Payout & Coverage

Caution
Earnings Payout Ratio
60.3%Very Safe
FCF Payout Ratio
101.0%Danger
CFO Payout Ratio
80.8%Warning
Interest Coverage
6.5xSafe

Balance Sheet

Warning
Net Debt / Total Assets
69.8%Warning
Current Ratio
0.2xDanger
Debt-to-Equity
435.5Warning

Profitability

Safe
Return on Equity
104.1%Very Safe
Operating Margin
49.7%Very Safe
Gross Margin
82.4%Very Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.3%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

SPG annual dividend per share and yield history

Earnings & Profitability

SPG earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 10, 2026

Next Payment Date

March 31, 2026

Dividend Growth

3-Year Dividend CAGR

7.41%

5-Year Dividend CAGR

7.34%

10-Year Dividend CAGR

3.52%

3-Year Total Growth

23.91%

5-Year Total Growth

42.50%

10-Year Total Growth

41.32%

Income Calculator

SPG Dividend Calculator

Total Investment

$17,827.00

Annual Income

$865.00

Quarterly Income

$216.25

Monthly Income

$72.08

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Frequently Asked Questions

What is SPG's current dividend yield?
Simon Property Group, Inc. (SPG) currently has a dividend yield of 4.57%, based on a stock price of $178.27 and an annual dividend of $8.65.
When is SPG's next dividend payment date?
SPG's next ex-dividend date is 2026-03-10 and the next payment date is 2026-03-31. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does SPG pay in dividends per year?
Simon Property Group, Inc. paid $8.55 per share in annual dividends in 2025. The dividends are paid quarterly.
Has SPG been increasing its dividend?
Simon Property Group, Inc. has grown its dividend at a 5-year CAGR of 7.34% and a 10-year CAGR of 3.52%.
Is SPG's dividend safe?
Simon Property Group, Inc. has a payout ratio of 60.34%. Its free cash flow payout ratio is 100.97%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is SPG's Dividend Health Score calculated?
The Dividend Health Score evaluates Simon Property Group, Inc.'s dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.