Simon Property Group, Inc. (SPG) Ex-Dividend Date Scheduled for May 15, 2013

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Simon Property Group, Inc. ( SPG ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $1.15 per share is scheduled to be paid on May 31, 2013. Shareholders who purchased SPG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the same period a year ago. At the current stock price of $179.96, the dividend yield is 2.56%.

The previous trading day's last sale of SPG was $179.96, representing a -0.49% decrease from the 52 week high of $180.85 and a 26.66% increase over the 52 week low of $142.08.

SPG is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Public Storage ( PSA ). SPG's current earnings per share, an indicator of a company's profitability, is $3.47. Zacks Investment Research reports SPG's forecasted earnings growth in 2013 as 8.03%, compared to an industry average of 4.7%.

For more information on the declaration, record and payment dates, visit the SPG Dividend History page.

Interested in gaining exposure to SPG through an Exchange Traded Fund [ETF]?
The following ETF(s) have SPG as a top-10 holding:

  • iShares FTSE NAREIT Retail Index Fund ( RTL )
  • streetTRACKS Wilshire REIT Index Fund ( RWR )
  • Wilshire US REIT ( WREI )
  • Vanguard REIT ETF ( VNQ )
  • First Trust S&P REIT Index Fund ( FRI ).

The top-performing ETF of this group is RTL with an increase of 20.37% over the last 100 days. It also has the highest percent weighting of SPG at 22.84%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks


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