Simon Property Group, Inc. ( SPG ) will begin trading ex-dividend on May 14, 2014. A cash dividend payment of $1.3 per share is scheduled to be paid on May 30, 2014. Shareholders who purchased SPG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4% increase over the prior quarter. At the current stock price of $176.05, the dividend yield is 2.95%.
The previous trading day's last sale of SPG was $176.05, representing a -3.51% decrease from the 52 week high of $182.45 and a 23.57% increase over the 52 week low of $142.47.
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 $4.43. Zacks Investment Research reports SPG's forecasted earnings growth in 2014 as 10.03%, compared to an industry average of 6.2%.
Interested in gaining exposure to SPG through an Exchange Traded Fund [ETF]?
The following ETF(s) have SPG as a top-10 holding:
- iShares Real Estate 50 ETF ( FTY )
- Vanguard REIT ETF ( VNQ )
- iShares Retail Real Estate Cappd ETF ( RTL )
- streetTRACKS Wilshire REIT Index Fund ( RWR )
- Wilshire US REIT ( WREI ).
The top-performing ETF of this group is RWR with an increase of 16.69% over the last 100 days. FTY has the highest percent weighting of SPG at 9.81%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.