SPG Simon Property Group, Inc. — dividend yield, history & ex-dividend dates
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.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for SPG
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 12% (TTM to Jun 30, 2026) | 100 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 3.5x (TTM to Jun 30, 2026) | 100 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 7.6x (TTM to Jun 30, 2026) | 83 | 15% |
| Dividend record | 32 years of uninterrupted regular payments; last cut Jul 9, 2020 (-38.1%), within 10 years: capped at 50 | 50 | 20% |
| Operating cash flow stability | Operating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for SPG
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 7.3% (2020–2025) | 87 | 25% |
| Consecutive annual increases | 4 consecutive annual increases (through 2025) | 52 | 20% |
| Payout headroom | Headroom from the operating cash flow payout ratio 12% (TTM to Jun 30, 2026) | 100 | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR 3.4% (FY2022–FY2025) | 64 | 15% |
| Revenue growth (3 years) | Revenue CAGR 6.3% (FY2022–FY2025) | 90 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 3.5% (2015–2025) | 60 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Value Score is built for SPG
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 19th percentile of its 120 month-end yields | 19 | 40% |
| P/OCF vs own 5-year median | P/OCF 16.6 is 1.15x its 5-year median of 14.4 | 31 | 25% |
| Operating cash flow yield | Operating cash flow yield 5.9% (TTM to Jun 30, 2026) | 39 | 20% |
| P/OCF vs peers | P/OCF 16.6 vs peer median 12.6 (1.32x; 112 reit / Real Estate securities) | 20 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
4.17%
At the Oct 30, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$9.0000
Declared Aug 10, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
66
As of Oct 30, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$173.35 – $236.70
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
72.51% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
32
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
15.46
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
SPG has raised its annual dividend in 25 separate years since March 1994, which ranks 286 among the 2,430 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.
Of the 310 companies we track with 25 or more years of increases, 173 — 56 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
SPG's dividend yield rose from 3.93% to 4.17% over the past ~90 days (+0.24 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.24 pp from the share price ($229.16 on Aug 03, 2026 → $215.72 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), SPG's current yield is higher than approximately 17% of them. Our stored price history for SPG covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $2.2500 Q | Regular | Aug 10, 2026 | Sep 09, 2026 | Sep 09, 2026 | Sep 30, 2026 |
| $2.2500 Q | Regular | May 11, 2026 | Jun 09, 2026 | Jun 09, 2026 | Jun 30, 2026 |
| $2.2000 Q | Regular | Feb 02, 2026 | Mar 10, 2026 | Mar 10, 2026 | Mar 31, 2026 |
| $2.2000 Q | Regular | Nov 03, 2025 | Dec 10, 2025 | Dec 10, 2025 | Dec 31, 2025 |
| $2.1500 Q | Regular | Aug 04, 2025 | Sep 09, 2025 | Sep 09, 2025 | Sep 30, 2025 |
| $2.1000 Q | Regular | May 12, 2025 | Jun 09, 2025 | Jun 09, 2025 | Jun 30, 2025 |
| $2.1000 Q | Regular | Feb 04, 2025 | Mar 10, 2025 | Mar 10, 2025 | Mar 31, 2025 |
| $2.1000 Q | Regular | Nov 01, 2024 | Dec 09, 2024 | Dec 09, 2024 | Dec 30, 2024 |
| $2.0500 Q | Regular | Aug 05, 2024 | Sep 09, 2024 | Sep 09, 2024 | Sep 30, 2024 |
| $2.0000 Q | Regular | May 06, 2024 | Jun 07, 2024 | Jun 07, 2024 | Jun 28, 2024 |
| $1.9500 Q | Regular | Feb 05, 2024 | Mar 07, 2024 | Mar 08, 2024 | Mar 29, 2024 |
| $1.9000 Q | Regular | Oct 30, 2023 | Dec 07, 2023 | Dec 08, 2023 | Dec 29, 2023 |
| $1.9000 Q | Regular | Aug 02, 2023 | Sep 07, 2023 | Sep 08, 2023 | Sep 29, 2023 |
| $1.8500 Q | Regular | May 02, 2023 | Jun 08, 2023 | Jun 09, 2023 | Jun 30, 2023 |
| $1.8000 Q | Regular | Feb 06, 2023 | Mar 09, 2023 | Mar 10, 2023 | Mar 31, 2023 |
| $1.8000 Q | Regular | Nov 01, 2022 | Dec 08, 2022 | Dec 09, 2022 | Dec 30, 2022 |
| $1.7500 Q | Regular | Aug 01, 2022 | Sep 08, 2022 | Sep 09, 2022 | Sep 30, 2022 |
| $1.7000 Q | Regular | May 09, 2022 | Jun 08, 2022 | Jun 09, 2022 | Jun 30, 2022 |
| $1.6500 Q | Regular | Feb 07, 2022 | Mar 09, 2022 | Mar 10, 2022 | Mar 31, 2022 |
| $1.6500 Q | Regular | Nov 01, 2021 | Dec 09, 2021 | Dec 10, 2021 | Dec 31, 2021 |
| $1.5000 Q | Regular | Aug 02, 2021 | Sep 08, 2021 | Sep 09, 2021 | Sep 30, 2021 |
| $1.4000 Q | Regular | Jun 21, 2021 | Jul 01, 2021 | Jul 02, 2021 | Jul 23, 2021 |
| $1.3000 Q | Regular | Mar 30, 2021 | Apr 08, 2021 | Apr 09, 2021 | Apr 23, 2021 |
| $1.3000 Q | Regular | Dec 15, 2020 | Dec 23, 2020 | Dec 24, 2020 | Jan 22, 2021 |
| $1.3000 Q | Regular | Sep 29, 2020 | Oct 08, 2020 | Oct 09, 2020 | Oct 23, 2020 |
| $1.3000 S | Regular | Jun 29, 2020 | Jul 09, 2020 | Jul 10, 2020 | Jul 24, 2020 |
| $2.1000 Q | Regular | Feb 04, 2020 | Feb 13, 2020 | Feb 14, 2020 | Feb 28, 2020 |
| $2.1000 Q | Regular | Oct 30, 2019 | Nov 14, 2019 | Nov 15, 2019 | Nov 29, 2019 |
| $2.1000 Q | Regular | Jul 31, 2019 | Aug 15, 2019 | Aug 16, 2019 | Aug 30, 2019 |
| $2.0500 Q | Regular | Apr 30, 2019 | May 16, 2019 | May 17, 2019 | May 31, 2019 |
| $2.0500 Q | Regular | Feb 01, 2019 | Feb 13, 2019 | Feb 14, 2019 | Feb 28, 2019 |
| $2.0000 Q | Regular | Oct 25, 2018 | Nov 15, 2018 | Nov 16, 2018 | Nov 30, 2018 |
| $2.0000 Q | Regular | Jul 30, 2018 | Aug 16, 2018 | Aug 17, 2018 | Aug 31, 2018 |
| $1.9500 Q | Regular | Apr 27, 2018 | May 16, 2018 | May 17, 2018 | May 31, 2018 |
| $1.9500 Q | Regular | Jan 31, 2018 | Feb 13, 2018 | Feb 14, 2018 | Feb 28, 2018 |
| $1.8500 Q | Regular | Oct 27, 2017 | Nov 15, 2017 | Nov 16, 2017 | Nov 30, 2017 |
| $1.8000 Q | Regular | Aug 01, 2017 | Aug 15, 2017 | Aug 17, 2017 | Aug 31, 2017 |
| $1.7500 Q | Regular | Apr 27, 2017 | May 15, 2017 | May 17, 2017 | May 31, 2017 |
| $1.7500 Q | Regular | Jan 31, 2017 | Feb 10, 2017 | Feb 14, 2017 | Feb 28, 2017 |
| $1.6500 Q | Regular | Oct 26, 2016 | Nov 14, 2016 | Nov 16, 2016 | Nov 30, 2016 |
| $1.6500 Q | Regular | Jul 27, 2016 | Aug 15, 2016 | Aug 17, 2016 | Aug 31, 2016 |
| $1.6000 Q | Regular | Apr 26, 2016 | May 13, 2016 | May 17, 2016 | May 31, 2016 |
| $1.6000 Q | Regular | Jan 29, 2016 | Feb 10, 2016 | Feb 12, 2016 | Feb 29, 2016 |
| $1.6000 Q | Regular | Oct 27, 2015 | Nov 12, 2015 | Nov 16, 2015 | Nov 30, 2015 |
| $1.5500 Q | Regular | Jul 24, 2015 | Aug 13, 2015 | Aug 17, 2015 | Aug 31, 2015 |
| $1.5000 Q | Regular | Apr 24, 2015 | May 13, 2015 | May 15, 2015 | May 29, 2015 |
| $1.4000 Q | Regular | Jan 30, 2015 | Feb 11, 2015 | Feb 13, 2015 | Feb 27, 2015 |
| $1.3000 Q | Regular | Oct 22, 2014 | Nov 12, 2014 | Nov 14, 2014 | Nov 28, 2014 |
| $1.3000 Q | Regular | Jul 23, 2014 | Aug 13, 2014 | Aug 15, 2014 | Aug 29, 2014 |
| $1.3000 Q | Regular | Apr 22, 2014 | May 14, 2014 | May 16, 2014 | May 30, 2014 |
| $1.2500 Q | Regular | Jan 31, 2014 | Feb 12, 2014 | Feb 14, 2014 | Feb 28, 2014 |
| $1.2000 Q | Regular | Oct 25, 2013 | Nov 13, 2013 | Nov 15, 2013 | Nov 29, 2013 |
| $1.1500 Q | Regular | Jul 29, 2013 | Aug 14, 2013 | Aug 16, 2013 | Aug 30, 2013 |
| $1.1500 Q | Regular | Apr 26, 2013 | May 15, 2013 | May 17, 2013 | May 31, 2013 |
| $1.1500 Q | Regular | Feb 04, 2013 | Feb 12, 2013 | Feb 14, 2013 | Feb 28, 2013 |
| $1.1000 Q | Regular | Oct 25, 2012 | Nov 14, 2012 | Nov 16, 2012 | Nov 30, 2012 |
| $1.0500 Q | Regular | Jul 24, 2012 | Aug 15, 2012 | Aug 17, 2012 | Aug 31, 2012 |
| $1.0000 Q | Regular | Apr 27, 2012 | May 15, 2012 | May 17, 2012 | May 31, 2012 |
| $0.9500 Q | Regular | Feb 03, 2012 | Feb 13, 2012 | Feb 15, 2012 | Feb 29, 2012 |
| $0.2000 M | Special | Oct 25, 2011 | Dec 14, 2011 | Dec 16, 2011 | Dec 30, 2011 |
| $0.9000 Q | Regular | Oct 25, 2011 | Nov 14, 2011 | Nov 16, 2011 | Nov 30, 2011 |
| $0.8000 Q | Regular | Jul 26, 2011 | Aug 15, 2011 | Aug 17, 2011 | Aug 31, 2011 |
| $0.8000 Q | Regular | Apr 29, 2011 | May 13, 2011 | May 17, 2011 | May 31, 2011 |
| $0.8000 Q | Regular | Feb 04, 2011 | Feb 10, 2011 | Feb 14, 2011 | Feb 28, 2011 |
| $0.8000 Q | Regular | Nov 01, 2010 | Nov 12, 2010 | Nov 16, 2010 | Nov 30, 2010 |
| $0.6000 Q | Regular | Jul 30, 2010 | Aug 13, 2010 | Aug 17, 2010 | Aug 31, 2010 |
| $0.6000 Q | Regular | Apr 30, 2010 | May 12, 2010 | May 14, 2010 | May 28, 2010 |
| $0.6000 Q | Regular | Feb 05, 2010 | Feb 11, 2010 | Feb 16, 2010 | Feb 26, 2010 |
| $0.6000 Q | Regular | Oct 30, 2009 | Nov 12, 2009 | Nov 16, 2009 | Dec 18, 2009 |
| $0.6000 Q | Regular | Aug 04, 2009 | Aug 13, 2009 | Aug 17, 2009 | Sep 18, 2009 |
| $0.6000 Q | Regular | May 01, 2009 | May 12, 2009 | May 14, 2009 | Jun 19, 2009 |
| $0.9000 Q | Regular | Jan 30, 2009 | Feb 10, 2009 | Feb 12, 2009 | Mar 18, 2009 |
| $0.9000 Q | Regular | Nov 03, 2008 | Nov 12, 2008 | Nov 14, 2008 | Nov 28, 2008 |
| $0.9000 Q | Regular | Jul 28, 2008 | Aug 13, 2008 | Aug 15, 2008 | Aug 29, 2008 |
| $0.9000 Q | Regular | Apr 29, 2008 | May 14, 2008 | May 16, 2008 | May 30, 2008 |
| $0.9000 Q | Regular | Feb 01, 2008 | Feb 13, 2008 | Feb 15, 2008 | Feb 29, 2008 |
| $0.8400 Q | Regular | Oct 29, 2007 | Nov 14, 2007 | Nov 16, 2007 | Nov 30, 2007 |
| $0.8400 Q | Regular | Jul 30, 2007 | Aug 15, 2007 | Aug 17, 2007 | Aug 31, 2007 |
| $0.8400 Q | Regular | Apr 27, 2007 | May 15, 2007 | May 17, 2007 | May 31, 2007 |
| $0.8400 Q | Regular | Jan 02, 2007 | Feb 12, 2007 | Feb 14, 2007 | Feb 28, 2007 |
| $0.7600 Q | Regular | Oct 31, 2006 | Nov 14, 2006 | Nov 16, 2006 | Nov 30, 2006 |
| $0.7600 Q | Regular | Jul 31, 2006 | Aug 15, 2006 | Aug 17, 2006 | Aug 31, 2006 |
| $0.7600 Q | Regular | Apr 28, 2006 | May 15, 2006 | May 17, 2006 | May 31, 2006 |
| $0.7600 Q | Regular | Feb 06, 2006 | Feb 15, 2006 | Feb 17, 2006 | Feb 28, 2006 |
| $0.7000 Q | Regular | Oct 28, 2005 | Nov 14, 2005 | Nov 16, 2005 | Nov 30, 2005 |
| $0.7000 Q | Regular | Jul 28, 2005 | Aug 15, 2005 | Aug 17, 2005 | Aug 31, 2005 |
| $0.7000 Q | Regular | Apr 28, 2005 | May 13, 2005 | May 17, 2005 | May 31, 2005 |
| $0.7000 Q | Regular | Feb 10, 2005 | Feb 16, 2005 | Feb 21, 2005 | Feb 28, 2005 |
| $0.2402 M | Regular | Nov 01, 2004 | Nov 15, 2004 | Nov 17, 2004 | Nov 30, 2004 |
| $0.4098 S | Special | Oct 08, 2004 | Oct 15, 2004 | Oct 13, 2004 | Nov 30, 2004 |
| $0.6500 Q | Regular | Jul 28, 2004 | Aug 13, 2004 | Aug 17, 2004 | Aug 31, 2004 |
| $0.6500 Q | Regular | May 06, 2004 | May 13, 2004 | May 17, 2004 | May 28, 2004 |
| $0.6500 Q | Regular | Feb 05, 2004 | Feb 12, 2004 | Feb 17, 2004 | Feb 27, 2004 |
| $0.6000 Q | Regular | Oct 31, 2003 | Nov 12, 2003 | Nov 14, 2003 | Nov 28, 2003 |
| $0.6000 Q | Regular | Jul 31, 2003 | Aug 13, 2003 | Aug 15, 2003 | Aug 29, 2003 |
| $0.6000 Q | Regular | May 07, 2003 | May 14, 2003 | May 16, 2003 | May 30, 2003 |
| $0.6000 Q | Regular | Feb 06, 2003 | Feb 13, 2003 | Feb 18, 2003 | Feb 28, 2003 |
| $0.5500 Q | Regular | Oct 31, 2002 | Nov 13, 2002 | Nov 15, 2002 | Nov 29, 2002 |
| $0.5500 Q | Regular | Jul 31, 2002 | Aug 14, 2002 | Aug 16, 2002 | Aug 30, 2002 |
| $0.5500 Q | Regular | May 08, 2002 | May 15, 2002 | May 17, 2002 | May 31, 2002 |
| $0.5250 Q | Regular | Feb 07, 2002 | Feb 13, 2002 | Feb 15, 2002 | Feb 28, 2002 |
| $0.5250 Q | Regular | Nov 09, 2001 | Nov 15, 2001 | Nov 19, 2001 | Nov 30, 2001 |
| $0.5250 Q | Regular | Aug 09, 2001 | Aug 16, 2001 | Aug 20, 2001 | Aug 31, 2001 |
| $0.5250 Q | Regular | May 10, 2001 | May 16, 2001 | May 18, 2001 | May 31, 2001 |
| $0.5050 Q | Regular | Feb 06, 2001 | Feb 14, 2001 | Feb 16, 2001 | Feb 28, 2001 |
| $0.5050 Q | Regular | Oct 18, 2000 | Nov 01, 2000 | Nov 03, 2000 | Nov 17, 2000 |
| $0.5050 Q | Regular | Jul 21, 2000 | Aug 02, 2000 | Aug 04, 2000 | Aug 18, 2000 |
| $0.5050 Q | Regular | N/A | May 03, 2000 | May 05, 2000 | May 19, 2000 |
| $0.5050 Q | Regular | N/A | Feb 02, 2000 | Feb 04, 2000 | Feb 18, 2000 |
| $0.5050 Q | Regular | N/A | Nov 03, 1999 | Nov 05, 1999 | Nov 19, 1999 |
| $0.5050 Q | Regular | N/A | Aug 04, 1999 | Aug 06, 1999 | Aug 20, 1999 |
| $0.5050 Q | Regular | N/A | May 05, 1999 | May 07, 1999 | May 21, 1999 |
| $0.5050 Q | Regular | N/A | Feb 03, 1999 | Feb 05, 1999 | Feb 19, 1999 |
| $0.0306 Q | Regular | N/A | Nov 04, 1998 | Nov 06, 1998 | Nov 20, 1998 |
| $0.4687 Q | Special | N/A | Sep 21, 1998 | N/A | N/A |
| $0.5050 I | Regular | N/A | Aug 04, 1998 | N/A | N/A |
| $0.5050 Q | Regular | N/A | May 06, 1998 | N/A | N/A |
| $0.5050 Q | Regular | N/A | Feb 04, 1998 | N/A | N/A |
| $0.5050 Q | Regular | N/A | Nov 05, 1997 | N/A | N/A |
| $0.5050 Q | Regular | N/A | Aug 06, 1997 | N/A | N/A |
Peer Comparison
Selected REIT - Retail dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| FRT | Federal Realty Investment Trust | 4.16% | 1.0% | 18 yrs | 80 |
| NNN | NNN REIT, Inc. | 5.97% | 2.7% | 34 yrs | 79 |
| GTY | Getty Realty Corp. | 7.12% | 4.8% | 11 yrs | 78 |
| REG | Regency Centers Corporation | 4.03% | 3.8% | 12 yrs | 78 |
Related Guides & Lists
SPG dividend — frequently asked questions
Does Simon Property Group, Inc. pay a dividend?
Yes. Simon Property Group, Inc. (SPG) currently pays a dividend. The annualized dividend is about $9.00 per share, a yield of approximately 4.17%.
What is Simon Property Group, Inc.'s dividend yield?
Simon Property Group, Inc.'s dividend yield is approximately 4.17%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Simon Property Group, Inc. pay dividends?
Simon Property Group, Inc. pays dividends quarterly — 4 times per year.
How long has Simon Property Group, Inc. paid dividends?
Simon Property Group, Inc. has 32 years of dividend payments on record, and has increased its dividend for 4 consecutive years.
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.