SPG Dividends
Simon Property Group, Inc. (SPG) pays $8.80 in dividends per share, with a current dividend yield of 4.13%. The company has dividend history for 4 consecutive years.
SPG Dividend Summary
4.13%
$8.80
62.23%
87.91%
Consecutive Years
4
Most Recent Ex-Date
Jun 9, 2026
Next Payment Date
Jun 30, 2026
SPG Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
SPG Dividends CAGR Chart
Simon Property Group, Inc. (SPG)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $4.45 | — |
| 2025 | $8.55 | +5.56% |
| 2024 | $8.10 | +8.72% |
| 2023 | $7.45 | +7.97% |
| 2022 | $6.90 | +17.95% |
| 2021 | $5.85 | -2.50% |
| 2020 | $6.00 | -27.71% |
| 2019 | $8.30 | +5.06% |
| 2018 | $7.90 | +10.49% |
| 2017 | $7.15 | +10.00% |
| 2016 | $6.50 | +7.44% |
| 2015 | $6.05 | +21.03% |
| 2014 | $5.00 | +14.28% |
| 2013 | $4.37 | +13.41% |
| 2012 | $3.86 | N/A |
| 2011 | $3.29 | N/A |
| 2010 | $2.45 | +51.32% |
| 2009 | $1.62 | -51.63% |
| 2008 | $3.34 | +7.14% |
| 2007 | $3.12 | +10.53% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $2.25 | +7.14% |
| Q1 2026 | $2.20 | +4.76% |
| Q4 2025 | $2.20 | +4.76% |
| Q3 2025 | $2.15 | +4.88% |
| Q2 2025 | $2.10 | +5.00% |
| Q1 2025 | $2.10 | +7.69% |
| Q4 2024 | $2.10 | +10.53% |
| Q3 2024 | $2.05 | +7.89% |
| Q2 2024 | $2.00 | +8.11% |
| Q1 2024 | $1.95 | +8.33% |
| Q4 2023 | $1.90 | +5.56% |
| Q3 2023 | $1.90 | +8.57% |
| Q2 2023 | $1.85 | +8.82% |
| Q1 2023 | $1.80 | +9.09% |
| Q4 2022 | $1.80 | +9.09% |
| Q3 2022 | $1.75 | — |
| Q2 2022 | $1.70 | +30.77% |
| Q1 2022 | $1.65 | — |
| Q4 2021 | $1.65 | — |
| Q3 2021 | $2.90 | — |
| Q2 2021 | $1.30 | — |
| Q4 2020 | $2.60 | — |
| Q3 2020 | $1.30 | -38.10% |
| Q1 2020 | $2.10 | +2.44% |
Dividend Yield Metrics
- Current Yield
- 4.13%
- Average Yield (TTM)
- 4.13%
- Average Yield (3Y)
- 3.77%
- Forward Yield on Cost (3Y)
- 6.04%
- Forward Yield on Cost (5Y)
- 7.78%
- Forward Yield on Cost (10Y)
- 14.65%
Payout Ratio Analysis
- Payout Ratio (Current)
- 62.23%
- FCF Payout Ratio
- 87.91%
- Payout Ratio (3Y Avg)
- 92.97%
- Payout Ratio (5Y Avg)
- 94.06%
- FCF Payout (3Y Avg)
- 80.71%
- FCF Payout (5Y Avg)
- 75.30%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About Simon Property Group, Inc.
Simon Property Group (NYSE: SPG) is a prominent S&P 100 real estate investment trust that specializes in owning and developing a portfolio of world-class shopping, dining, entertainment, and mixed-use destinations. These significant properties, strategically located across North America, Europe, and Asia, serve as vital community hubs, attracting millions of visitors daily and contributing billions in annual revenue.
- Sector
- Real Estate
- Industry
- REIT - Retail
- CEO
- Eli Simon