Overview Dividends

SPG Dividend History & Analysis | 4.7% Yield

SPG has a dividend yield of 4.7% and paid 8.45 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.74%
Dividends per Share 12m 8.45
Dividend Growth Rate CAGR 5y 7.79%
Overall Dividend Rating 78.59%
Yield on Cost 5y 17.31%
Payout Ratio 139.4%
Payouts in the last 12m 4
Payout Consistency 5y 99.70%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.
Total Return 12m: 7.3% (S&P 500: 15.2%)
Total Return 5y: 264.8% (S&P 500: 108.4%)

Top Dividend Payers in Retail REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap (USD) Dividend Yield TTM Yield on Cost (purchase 5y ago)
SITC 451 M 55.0% 33.7%
MERY 1,174 M 9.28% 36.0%
SKT 3,683 M 4.37% 28.5%
LI 11,069 M 5.65% 19.7%
SPG 66,577 M 4.74% 17.3%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap (USD) Growth Rate (CAGR) Payout Consistency
PECO 4,777 M 39.3% 100%
NTST 1,832 M 29.0% 99.2%
AKR 2,783 M 26.4% 86.7%
KRG 5,009 M 22.4% 90.3%
MERY 1,174 M 19.8% 92.3%

Similar Stocks with Attractive Dividends - Compare SPG Dividends with its Peer-Group

MERY
Mercialys
 9.28% Yield
WHA
Wereldhave
 6.80% Yield
BRX
Brixmor Property
 4.23% Yield
KRG
Kite Realty Trust
 4.84% Yield
KIM
Kimco Realty
 4.58% Yield
SKT
Tanger Factory
 4.37% Yield

SPG Dividend History: Last 50 Payments (USD) as of October 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-09-09 2025-09-09 2025-09-30 Quarterly 2.15 2.4% 1.2%
2025-06-09 2025-06-09 2025-06-30 Quarterly 2.1 0% 1.32%
2025-03-10 2025-03-10 2025-03-31 Quarterly 2.1 0% 1.25%
2024-12-09 2024-12-09 2024-12-30 Quarterly 2.1 2.4% 1.16%
2024-09-09 2024-09-09 2024-09-30 Quarterly 2.05 2.5% 1.26%
2024-06-07 2024-06-07 2024-06-28 Quarterly 2 2.6% 1.33%
2024-03-07 2024-03-08 2024-03-29 Quarterly 1.95 2.6% 1.29%
2023-12-07 2023-12-08 2023-12-29 Quarterly 1.9 0% 1.46%
2023-09-07 2023-09-08 2023-09-29 Quarterly 1.9 2.7% 1.67%
2023-06-08 2023-06-09 2023-06-30 Quarterly 1.85 2.8% 1.68%
2023-03-09 2023-03-10 2023-03-31 Quarterly 1.8 0% 1.49%
2022-12-08 2022-12-09 2022-12-30 Quarterly 1.8 2.9% 1.52%
2022-09-08 2022-09-09 2022-09-30 Quarterly 1.75 2.9% 1.74%
2022-06-08 2022-06-09 2022-06-30 Quarterly 1.7 3% 1.56%
2022-03-09 2022-03-10 2022-03-31 Quarterly 1.65 0% 1.24%
2021-12-09 2021-12-10 2021-12-31 Quarterly 1.65 10% 1.06%
2021-09-08 2021-09-09 2021-09-30 Quarterly 1.5 7.1% 1.13%
2021-07-01 2021-07-02 2021-07-23 Quarterly 1.4 7.7% 1.08%
2021-04-08 2021-04-09 2021-04-23 Quarterly 1.3 0% 1.13%
2020-12-23 2020-12-24 2021-01-22 Quarterly 1.3 0% 1.56%
2020-10-08 2020-10-09 2020-10-23 Quarterly 1.3 0% N/A
2020-07-09 2020-07-10 2020-07-24 Quarterly 1.3 -38.1% N/A
2020-02-13 2020-02-14 2020-02-28 Quarterly 2.1 0% N/A
2019-11-14 2019-11-15 2019-11-29 Quarterly 2.1 0% N/A
2019-08-15 2019-08-16 2019-08-30 Quarterly 2.1 2.4% N/A
2019-05-16 2019-05-17 2019-05-31 Quarterly 2.05 0% N/A
2019-02-13 2019-02-14 2019-02-28 Quarterly 2.05 2.5% N/A
2018-11-15 2018-11-16 2018-11-30 Quarterly 2 0% N/A
2018-08-16 2018-08-17 2018-08-31 Quarterly 2 2.6% N/A
2018-05-16 2018-05-17 2018-05-31 Quarterly 1.95 0% N/A
2018-02-13 2018-02-14 2018-02-28 Quarterly 1.95 5.4% N/A
2017-11-15 2017-11-16 2017-11-30 Quarterly 1.85 2.8% N/A
2017-08-15 2017-08-17 2017-08-31 Quarterly 1.8 2.9% N/A
2017-05-15 2017-05-17 2017-05-31 Quarterly 1.75 0% N/A
2017-02-10 2017-02-14 2017-02-28 Quarterly 1.75 6.1% N/A
2016-11-14 2016-11-16 2016-11-30 Quarterly 1.65 0% N/A
2016-08-15 2016-08-17 2016-08-31 Quarterly 1.65 3.1% N/A
2016-05-13 2016-05-17 2016-05-31 Quarterly 1.6 0% N/A
2016-02-10 2016-02-12 2016-02-29 Quarterly 1.6 0% N/A
2015-11-12 2015-11-16 2015-11-30 Quarterly 1.6 3.2% N/A
2015-08-13 2015-08-17 2015-08-31 Quarterly 1.55 3.3% N/A
2015-05-13 2015-05-15 2015-05-29 Quarterly 1.5 7.1% N/A
2015-02-11 2015-02-13 2015-02-27 Quarterly 1.4 7.7% N/A
2014-11-12 2014-11-14 2014-11-28 Quarterly 1.3 0% N/A
2014-08-13 2014-08-15 2014-08-29 Quarterly 1.3 6.3% N/A
2014-05-14 2014-05-16 2014-05-30 Quarterly 1.223 4% N/A
2014-02-12 2014-02-14 2014-02-28 Quarterly 1.1759 4.2% N/A
2013-11-13 2013-11-15 2013-11-29 Quarterly 1.1289 4.3% N/A
2013-08-14 2013-08-16 2013-08-30 Quarterly 1.0818 0% N/A
2013-05-15 2013-05-17 2013-05-31 Quarterly 1.0818 0% N/A

SPG Dividend FAQ

Simon Property Group, Inc. (NYSE: SPG) operates as a self-administered REIT, with its majority-owned partnership subsidiary, Simon Property Group, L.P., holding all underlying real-estate assets. The corporate structure consolidates the operating partnership, its subsidiaries, and the broader corporate entity under the “Company” designation.

What is the Dividend Yield of SPG?

As of October 2025, SPG`s dividend yield is 4.74%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 8.45 USD by the current share price of 178.09.

Does SPG pay a dividend?

As of October 2025, SPG paid a dividend of 8.45 USD in the last 12 months. The last dividend was paid on 2025-09-09 and the payout was 2.15 USD.

How often does SPG pay dividends?

SPG pays dividends quarterly. Over the last 12 months, SPG has issued 4 dividend payments. The last dividend payment was made on 2025-09-09.

Will SPG pay dividends in 2025?

The latest dividend paid per share was 2.15 USD with an Ex-Dividend Date of 2025-09-09. The next Ex-Dividend date for Simon Property (SPG) is currently unknown.

What is the next Ex-Dividend Date for SPG?

The next Ex-Dividend date for Simon Property (SPG) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SPG?

SPG's average dividend growth rate over the past 5 years is 7.79% per year.
Strong growth: SPG's Dividend growth is outpacing inflation.

What is the Yield on Cost of SPG?

SPG's 5-Year Yield on Cost is 17.3%. If you bought SPG's shares at 48.82 USD five years ago, your current annual dividend income (8.45 USD per share, trailing 12 months) equals 17.3% of your original purchase price.

What is the Payout Consistency of SPG?

SPG Payout Consistency is 94.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Simon Property has a strong track record of consistent dividend payments over its lifetime.

Does SPG have a good Dividend Yield?

SPG`s 4.74% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of SPG?

The Dividend Payout Ratio of SPG is 139.4%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of SPG?

SPG`s Overall Dividend Rating is 78.59%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SPG Outstanding Shares Analysis

What is the Trend in SPG`s Outstanding Shares (CAGR)?

Simon Property`s outstanding shares have increased by approximately 0.18% annually over the past 3 years (Correlation: 100.0%), negatively influencing the share price.

Has Simon Property ever had a Stock Split?

Yes, the last Stock Split was on 2014-05-29 with a factor of 1063:1000. This stock split increased the number of shares and lowered the price per share by a ratio of 1.06.
Year Number of Shares Annual Growth Rate
1993 40,000,000
1994 47,777,800 +19.44%
1995 71,428,600 +49.5%
1996 94,444,400 +32.22%
1997 158,823,500 +68.17%
1998 173,184,500 +9.04%
1999 169,952,900 -1.87%
2000 172,001,000 +1.21%
2001 173,946,000 +1.13%
2002 190,137,900 +9.31%
2003 201,462,500 +5.96%
2004 219,488,500 +8.95%
2005 221,312,800 +0.83%
2006 223,593,200 +1.03%
2007 225,469,200 +0.84%
2008 235,908,600 +4.63%
2009 286,125,000 +21.29%
2010 293,080,000 +2.43%
2011 295,693,400 +0.89%
2012 309,418,000 +4.64%
2013 310,434,000 +0.33%
2014 310,784,000 +0.11%
2015 309,419,000 -0.44%
2016 313,685,000 +1.38%
2017 310,856,000 -0.9%
2018 309,294,000 -0.5%
2019 307,345,800 -0.63%
2020 316,595,000 +3.01%
2021 328,619,000 +3.8%
2022 326,953,800 -0.51%
2023 325,933,800 -0.31%
2024 326,278,000 +0.11%
2025 327,137,000 +0.26%

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid in the last 12m (TTM).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.

Last update: 2025-09-23 02:45