Simon Property Group (SPG)


Price/Share*:

$51.17

Annual Dividend:

$3.60

Dividend Yield:

7.04%

Pay Date:

11/28

Ex-Dividend Date:

11/12

Record Date:

11/14


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Simon Property Group- (SPG)-ngages in the ownership, development, and management of retail real estate properties. Its real estate properties consist primarily of regional malls, Premium Outlet centers, The Mills, and community/lifestyle centers. As of December 31, 2007, the company owned or held an interest in 320 income-producing properties in the United States, which consisted of 168 regional malls, 38 Premium Outlet centers, 67 community/lifestyle centers, 37 properties acquired in the Mills acquisition, and 10 other shopping centers or outlet centers in 41 states and Puerto Rico. Simon Property Group was founded in 1960 and is headquartered in Indianapolis, Indiana. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.