SPG Dividend History & Analysis | 4.9% Yield

SPG has a dividend yield of 4.9% and paid 8.65 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.87%
Payout Ratio 1.6%
Growth Rate CAGR 5y 9.95%
Consistency Lifetime 94.9%
Yield on Cost 5y 9.92%
Payout FCF 96.3%
Streak Years 4
Dividend Rating 73.94%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
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

Top Dividend Payers in Retail REITs

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SITC 284 M 106.64% 307.10%
MERY 1,307 M 9.42% 32.73%
WHA 1,148 M 7.90% 24.36%
PECO 5,205 M 3.57% 30.35%
LI 11,053 M 5.73% 19.18%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CURB 2,764 M 168.00% 100.0%
URW 16,282 M 40.00% 76.8%
SITC 284 M 40.81% 87.5%
PECO 5,205 M 29.91% 100.0%
WHA 1,148 M 25.74% 88.3%
Quality Dividend Peers in Retail REITs WHA Wereldhave
7.90% Yield
SPG Dividend History: Last 50 Payments (USD) as of April 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-03-10 2026-03-10 2026-03-31 Quarterly 2.2 0% 1.16%
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 0% N/A

SPG Dividend FAQ

Simon Property Group (SPG) is a self-managed REIT. REITs are companies that own, operate, or finance income-producing real estate.

What is the Dividend Yield of SPG?

As of April 2026, SPG's dividend yield is 4.87%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 8.65 USD by the current share price of 190.23.

Does SPG pay a dividend?

As of April 2026, SPG paid a dividend of 8.65 USD in the last 12 months. The last dividend was paid on 2026-03-10 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 2026-03-10.

SPG dividend forecast

Based on historical data, the forecasted dividends per share for SPG for the next payments are between 2.091 (-5.0%) and 2.223 (+1.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.55%.

Will SPG pay dividends in 2026?

The latest dividend paid per share was 2.2 USD with an Ex-Dividend Date of 2026-03-10. 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 9.92%. If you bought SPG's shares at 87.62 USD five years ago, your current annual dividend income (8.65 USD per share, trailing 12 months) equals 9.92% 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 4.87% 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 73.94%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SPG Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

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 0%
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: 2026-04-08 02:41 UTC