By the end of today, September 12, 2023, Simon Property Group SPG is set to deliver a dividend payout of $1.90 per share, equating to an annualized dividend yield of 6.06%. Shareholders who owned the stock prior to the ex-dividend date on September 07, 2023 will receive this payout.
Simon Property Group Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-07 | 4 | $1.9 | 6.06% | 2023-08-02 | 2023-09-08 | 2023-09-29 |
| 2023-08-25 | 4 | $0.9 | 3.24% | 2023-06-27 | 2023-08-28 | 2023-09-12 |
| 2023-06-08 | 4 | $1.85 | 6.52% | 2023-05-02 | 2023-06-09 | 2023-06-30 |
| 2023-03-09 | 4 | $1.8 | 5.55% | 2023-02-06 | 2023-03-10 | 2023-03-31 |
| 2022-12-08 | 4 | $1.8 | 6.61% | 2022-11-01 | 2022-12-09 | 2022-12-30 |
| 2022-09-08 | 4 | $1.75 | 6.44% | 2022-08-01 | 2022-09-09 | 2022-09-30 |
| 2022-06-08 | 4 | $1.7 | 5.6% | 2022-05-09 | 2022-06-09 | 2022-06-30 |
| 2022-03-09 | 4 | $1.65 | 4.55% | 2022-02-07 | 2022-03-10 | 2022-03-31 |
| 2021-12-09 | 4 | $1.65 | 4.5% | 2021-11-01 | 2021-12-10 | 2021-12-31 |
| 2021-09-08 | 4 | $1.5 | 4.74% | 2021-08-02 | 2021-09-09 | 2021-09-30 |
| 2021-07-01 | 4 | $1.4 | 4.47% | 2021-06-21 | 2021-07-02 | 2021-07-23 |
| 2021-04-08 | 4 | $1.3 | 4.57% | 2021-03-30 | 2021-04-09 | 2021-04-23 |
Analyzing Simon Property Group Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $8.30 to $6.90. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.
YoY Earnings Growth For Simon Property Group
The earnings chart above reveals a decrease in Simon Property Group's earnings per share, declining from $12.31 in 2019 to $11.71 in 2022. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.
Recap
This article provides an in-depth analysis of Simon Property Group's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $1.90 per share, resulting in an annualized dividend yield of 6.06%.
The decline in dividend per share and earnings per share for Simon Property Group from 2019 to 2022 could signify a challenging financial situation, requiring careful consideration in terms of future profit distributions to shareholders.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[See current stock movements Simon Property Group on Benzinga.](https://www.benzinga.com/quote/Simon Property Group (NYSE: SPG))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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