Simon Property Group, Inc. ( SPG ) will begin trading ex-dividend on August 15, 2016. A cash dividend payment of $1.65 per share is scheduled to be paid on August 31, 2016. Shareholders who purchased SPG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.12% increase over prior dividend payment. At the current stock price of $214.55, the dividend yield is 3.08%.
The previous trading day's last sale of SPG was $214.55, representing a -6.35% decrease from the 52 week high of $229.10 and a 23.95% increase over the 52 week low of $173.09.
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 $5.63. Zacks Investment Research reports SPG's forecasted earnings growth in 2016 as 8.86%, compared to an industry average of 4.2%.
Interested in gaining exposure to SPG through an Exchange Traded Fund [ETF]?
The following ETF(s) have SPG as a top-10 holding:
- SPDR DJ Wilshire REIT ETF ( RWR )
- PowerShares Active U.S. Real Estate Fund ( PSR )
- iShares Real Estate 50 ETF ( FTY )
- Vanguard REIT ETF - DNQ ( VNQ )
- iShares Cohen & Steers REIT ETF ( ICF ).
The top-performing ETF of this group is PSR with an increase of 11.56% over the last 100 days. RWR has the highest percent weighting of SPG at 9.95%.