Simon Property Group's Dividends per Share for the
three
months ended in Dec. 2023 was $1.90.
The historical rank and industry rank for Simon Property Group's 3-Year Dividend Growth Rate or its related term are showing as below:
SPG'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.1 Med: 8.2 Max: 21.4
Current: 16.6
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Simon Property Group was 21.40% per year. The lowest was -13.10% per year. And the median was 8.20% per year.
SPG's 3-Year Dividend Growth Rate is ranked better than 83.66% of 508
companies
in the REITs industry
Industry Median: 2.1
vs SPG: 16.60
During the past 12 months, Simon Property Group's average Dividends Per Share Growth Rate was 8.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Simon Property Group's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 1.05. As of today, Simon Property Group's Dividend Yield % is 5.41%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Simon Property Group Inc is 1.26, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the REIT - Retail subindustry, Simon Property Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Simon Property Group 3-Year Dividend Growth Rate Distribution
For the REITs industry and Real Estate sector, Simon Property Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Simon Property Group's 3-Year Dividend Growth Rate falls into.
Simon Property Group 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Simon Property Group (NYSE:SPG) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Simon Property Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Simon Property Group was 1.27. The lowest was 1.08. And the median was 1.14.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Simon Property Group Inc is 1.26, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Simon Property Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.950
2024-03-07
2024-03-08
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.900
2023-12-07
2023-12-08
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.900
2023-09-07
2023-09-08
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.850
2023-06-08
2023-06-09
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Simon Property Group's Dividend Yield (%) for Today is calculated as
Current Share Price is $140.44.
Simon Property Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.6.
During the past 13 years, the highest Dividend Yield of Simon Property Group was 17.87%. The lowest was 2.54%. And the median was 4.33%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Simon Property Group 3-Year Dividend Growth Rate Related Terms>
Simon Property Group (Simon Property Group) Business Description
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
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