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Simon Property Group, Inc. Dividends Banner

Simon Property Group, Inc. Dividends

SPG Stock Analysis

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Section title

Dividend Yield
4.90%
Payout Ratio
98.48%
Dividend Amount Per Share
$7.75
Last Ex-Dividend Date
Sep 09, 2024

SPG Dividend Safety

SPG paid out 98.48% of its $2B earnings as dividends over the last 12 months.

Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

SPG's Dividend Payout Ratio of 98.475% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

SPG's Interest Coverage Ratio of 3.344 indicates strong financial health with easy coverage of interest expenses.

Income Quality

SPG shows excellent income quality with a ratio of 1.722. This indicates high-quality earnings and low risk of dividend cuts.

SPG Dividend Growth

Simon Property Group, Inc.(SPG) offers a dividend yield of 4.90% and pays $7.75 in dividends per share. Explore the historical dividend growth of SPG.

Dividend Stability

SPG has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.

Dividend Growth

SPG's dividend payments have shown very poor growth, shrinking by -0.481% over the last 5 years.

Earnings Growth

SPG's earnings have shown very poor growth, growing by 1.671% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

SPG Dividend Yield Attractiveness

Simon Property Group, Inc.(SPG) provides a dividend yield of 4.90%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

SPG

Peers

Industry

Sector

4.90%

5.13%

5.63%

6.47%

Dividend Yield

SPG's dividend yield of 4.9% is considered good compared to the sector average of 6.466%, providing a strong safety margin for investors.

SPG Cash Flow

Over the past 12 months, SPG generated $6B in revenue, produced $3B in free cash flow, and distributed $3B in dividends.

100%75%50%25%0%

Free Cash Flow Growth

SPG's free cash flow has grown by 1.365% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.

SPG Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Simon Property Group, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.