SmarterDividends
SPG

Simon Property Group, Inc.

SPG

Real Estate · Stock · quarterly payer

Forward Yield

4.27%

Annual Dividend

$8.80

Payout Ratio

60%

5-Yr Growth

10.3%

Ex-Date

Jun 9, 2026

Frequency

Quarterly

SPG Dividend Safety Score

61/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage60% of earnings paid out
Balance-sheet strengthDebt/equity of 4.57
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SPG a good dividend stock?

Yes, with caveats

Simon Property Group, Inc. (SPG) pays a quarterly dividend yielding 4.27% ($8.80/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 10.3% 5-yr dividend growth
  • 60% total price return over 5 years

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
4.27%
Payout Ratio
60%
Annual Dividend
$8.80
5-Yr Avg Growth
10.3%
Ex-Dividend Date
Jun 9, 2026
Years of Growth
5
Frequency
quarterly
Beta
1.35
Market Cap
$78.4B
P/E Ratio
14.4
5-Yr Total Return
60%
52-Week Range
$155.44 – $209.82
Dividend Safety
C · 61/100
Ever Cut?
Yes (2020)
SPG ex-dividend date & scheduleNext ex-date Jun 9, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $8.80 / yr per share

Per payment (quarterly)$220.00
Annual$880.00
Monthly avg$73.33