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%.
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%.