SPG Dividend History & Analysis | 5% Yield

SPG has a dividend yield of 5% and paid 8.55 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.99%
Payout Ratio 1.6%
Growth Rate CAGR 5y 9.95%
Consistency Lifetime 94.9%
Yield on Cost 5y 11.27%
Payout FCF 106.5%
Streak Years 32
Dividend Rating 81.32%

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.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 16.4%
Total Return 5y: 163.2%

Top Dividend Payers in Retail REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
MERY 1,168 M 9.42% 21.1%
WHA 1,135 M 7.90% 15.1%
ECMPA 1,602 M 7.11% 15.5%
ALX 1,280 M 8.40% 9.73%
LI 10,963 M 5.92% 13.8%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
IVT 2,281 M 37.8% 92.1%
PECO 5,059 M 29.9% 100%
WHA 1,135 M 25.7% 88.3%
MERY 1,168 M 23.5% 92.7%
ECMPA 1,602 M 37.7% 90.5%

SPG Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-10 2025-12-10 2025-12-31 Quarterly 2.2 2.3% 1.23%
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% N/A
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 0% N/A
2014-05-14 2014-05-16 2014-05-30 Quarterly 1.3 4% N/A
2014-02-12 2014-02-14 2014-02-28 Quarterly 1.25 4.2% N/A
2013-11-13 2013-11-15 2013-11-29 Quarterly 1.2 4.3% N/A
2013-08-14 2013-08-16 2013-08-30 Quarterly 1.15 0% N/A

SPG Dividend FAQ

Simon Property Group, Inc. (NYSE: SPG) is a self-administered REIT that, through its majority-owned Operating Partnership, owns and manages a portfolio of premier shopping, dining, entertainment, and mixed-use destinations, including malls, Premium Outlets, The Mills, and international properties.

What is the Dividend Yield of SPG?

As of February 2026, SPG`s dividend yield is 4.99%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 8.55 USD by the current share price of 199.60.

Does SPG pay a dividend?

As of February 2026, SPG paid a dividend of 8.55 USD in the last 12 months. The last dividend was paid on 2025-12-10 and the payout was 2.2 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 2025-12-10.

SPG dividend forecast

Based on historical data, the forecasted dividends per share for SPG for the next 4 payments are between 2.13 (-3.2%) and 2.19 (-0.5%).
This suggests the dividend will remain relatively stable.

Will SPG pay dividends in 2026?

The latest dividend paid per share was 2.2 USD with an Ex-Dividend Date of 2025-12-10. 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 9.95% 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 11.3%. If you bought SPG's shares at 75.84 USD five years ago, your current annual dividend income (8.55 USD per share, trailing 12 months) equals 11.3% of your original purchase price.

What is the Payout Consistency of SPG?

SPG Payout Consistency is 94.9%. 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 4.99% 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 1.6%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of SPG?

SPG`s Overall Dividend Rating is 81.32%. 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?

Simon Property's outstanding shares have increased by approximately 0.01% annually over the past 3 years (Trend Reliability: 33.3%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has SPG ever had a Stock Split?

Yes, the last stock split was on May 29, 2014 with a ratio of 1063:1000.

This was a forward split: Each share became 1.06 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

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 326,018,000 -0.08%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-03 04:21