David Kirakosyan
3 min read
In This Article:
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Simon Property Group Inc. (NYSE:SPG) is a real estate investment trust that owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations.
The 52-week range of Simon Property stock price was $136.34 to $190.14.
Simon Property's dividend yield is 5.22%. It paid $8.40 per share in dividends during the last 12 months.
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On May 12, the company announced its Q1 2025 earnings, posting FFO of $2,67, missing the consensus estimate of $2.91, while revenues of $1.47 billion came in above the consensus of $1.36 billion, as reported by Benzinga.
"Our first quarter results underscore the strength of our business,” said CEO David Simon. “We delivered strong financial and operational performance and enhanced our portfolio with the acquisition of The Mall Luxury Outlets in Italy and the successful opening of Jakarta Premium Outlets in Indonesia. As macroeconomic conditions continue to shift, we are well-positioned with a fortress balance sheet and a proven track record of navigating successfully through a wide range of economic cycles.”
The company reaffirmed its full-year 2025 outlook for Real Estate FFO in the range of $12.40 to $12.65 per diluted share.
Check out this article by Benzinga for five analysts' insights on Simon Property.
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If you want to make $100 per month — $1,200 annually — from Simon Property dividends, your investment value needs to be approximately $22,989, which is around 143 shares at $160.89 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.22% in this case). So, $1,200 / 0.0522 = $22,989 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
