Simon Property Group, Inc. ( SPG ) will begin trading ex-dividend on November 12, 2014. A cash dividend payment of $1.3 per share is scheduled to be paid on November 28, 2014. Shareholders who purchased SPG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SPG has paid the same dividend. At the current stock price of $182.27, the dividend yield is 2.85%.
The previous trading day's last sale of SPG was $182.27, representing a -0.96% decrease from the 52 week high of $184.03 and a 23.56% increase over the 52 week low of $147.51.
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 $4.45. Zacks Investment Research reports SPG's forecasted earnings growth in 2014 as .33%, compared to an industry average of 4.2%.
For more information on the declaration, record and payment dates, visit the SPG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to SPG through an Exchange Traded Fund [ETF]?
The following ETF(s) have SPG as a top-10 holding:
- Wilshire US REIT ( WREI )
- iShares Real Estate 50 ETF ( FTY )
- Vanguard REIT ETF ( VNQ )
- iShares FTSE NAREIT Retail Index Fund (RTL)
- streetTRACKS Wilshire REIT Index Fund ( RWR ).
The top-performing ETF of this group is WREI with an increase of 7.27% over the last 100 days. It also has the highest percent weighting of SPG at 9.53%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
