Simon Property Group, Inc. (SPG) Dividend History

NYSE: SPGYield, payment dates, growth and payout ratio.

SPG latest dividend

$2.25last dividend per share
Ex-dividend dateSep 9Wednesday, 2026
Payment dateSep 30Wednesday, 2026

The next dividend has not been announced yet.

  • 4 yearsof dividend increases
  • 1994paying since
  • Quarterly4 payments a year
  • +7.3%5-year growth a year
  • 4.33%forward yield

SPG dividend income calculator

Dividend income a year
$890
Each payment
$222
Value of the shares
$20,544
Dividend yield
4.33%

At the latest close; forward annual dividend $8.90 per share, before tax.

SPG dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

SPG dividend safety

Payout ratio (earnings)124.5%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)101.0%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.3%
Growing · a year on average
Years of increases4
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

SPG yield on cost

Simon Property Group, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$178.095.00%$8.905.0%
3 years ago$108.558.20%$25.2523.3%
5 years ago$144.536.16%$39.3527.2%
10 years ago$198.444.48%$74.5537.6%
20 years ago$89.159.98%$113.20127.0%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

SPG dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

SPG dividends by year

Simon Property Group, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$8.55+5.6%4.62%4
2024$8.10+8.7%4.70%4
2023$7.45+8.0%5.22%4
2022$6.90+17.9%5.87%4
2021$5.85−2.5%3.66%4
2020$6.00−27.7%7.04%4
2019$8.30+5.1%5.57%4
2018$7.90+10.5%4.70%4
2017$7.15+10.0%4.16%4
2016$6.50+7.4%3.66%4
2015$6.05+21.0%3.11%4
2014$5.00+14.3%2.74%4
2013$4.37+13.4%3.06%4
2012$3.86+17.1%2.59%4
2011$3.29—2.71%5
2010$2.45+51.3%2.61%4
2009$1.62−51.6%2.15%4
2008$3.34+7.1%6.78%4
2007$3.12+10.5%3.87%4
2006$2.82—3.00%4

SPG dividend history

136 payments
Simon Property Group, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-092026-09-30$2.25—Quarterly
2026-06-092026-06-30$2.25+2.3%Quarterly
2026-03-102026-03-31$2.20—Quarterly
2025-12-102025-12-31$2.20+2.3%Quarterly
2025-09-092025-09-30$2.15+2.4%Quarterly
2025-06-092025-06-30$2.10—Quarterly
2025-03-102025-03-31$2.10—Quarterly
2024-12-092024-12-30$2.10+2.4%Quarterly
2024-09-092024-09-30$2.05+2.5%Quarterly
2024-06-072024-06-28$2.00+2.6%Quarterly
2024-03-072024-03-29$1.95+2.6%Quarterly
2023-12-072023-12-29$1.90—Quarterly
2023-09-072023-09-29$1.90+2.7%Quarterly
2023-06-082023-06-30$1.85+2.8%Quarterly
2023-03-092023-03-31$1.80—Quarterly
2022-12-082022-12-30$1.80+2.9%Quarterly
Show all 136 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-082022-09-30$1.75+2.9%Quarterly
2022-06-082022-06-30$1.70+3.0%Quarterly
2022-03-092022-03-31$1.65—Quarterly
2021-12-092021-12-31$1.65+10.0%Quarterly
2021-09-082021-09-30$1.50+7.1%Quarterly
2021-07-012021-07-23$1.40+7.7%Quarterly
2021-04-082021-04-23$1.30—Quarterly
2020-12-232021-01-22$1.30—Quarterly
2020-10-082020-10-23$1.30—Quarterly
2020-07-092020-07-24$1.30−38.1%Quarterly
2020-02-132020-02-28$2.10—Quarterly
2019-11-142019-11-29$2.10—Quarterly
2019-08-152019-08-30$2.10+2.4%Quarterly
2019-05-162019-05-31$2.05—Quarterly
2019-02-132019-02-28$2.05+2.5%Quarterly
2018-11-152018-11-30$2.00—Quarterly
2018-08-162018-08-31$2.00+2.6%Quarterly
2018-05-162018-05-31$1.95—Quarterly
2018-02-132018-02-28$1.95+5.4%Quarterly
2017-11-152017-11-30$1.85+2.8%Quarterly
2017-08-152017-08-31$1.80+2.9%Quarterly
2017-05-152017-05-31$1.75—Quarterly
2017-02-102017-02-28$1.75+6.1%Quarterly
2016-11-142016-11-30$1.65—Quarterly
2016-08-152016-08-31$1.65+3.1%Quarterly
2016-05-132016-05-31$1.60—Quarterly
2016-02-102016-02-29$1.60—Quarterly
2015-11-122015-11-30$1.60+3.2%Quarterly
2015-08-132015-08-31$1.55+3.3%Quarterly
2015-05-132015-05-29$1.50+7.1%Quarterly
2015-02-112015-02-27$1.40+7.7%Quarterly
2014-11-122014-11-28$1.30—Quarterly
2014-08-132014-08-29$1.30+6.3%Quarterly
2014-05-142014-05-30$1.22+4.0%Quarterly
2014-02-122014-02-28$1.18+4.2%Quarterly
2013-11-132013-11-29$1.13+4.3%Quarterly
2013-08-142013-08-30$1.08—Quarterly
2013-05-152013-05-31$1.08—Quarterly
2013-02-122013-02-28$1.08+4.5%Quarterly
2012-11-142012-11-30$1.03+4.8%Quarterly
2012-08-152012-08-31$0.9878+5.0%Quarterly
2012-05-152012-05-31$0.9407+5.3%Quarterly
2012-02-132012-02-29$0.8937+375.0%Quarterly
2011-12-142011-12-30$0.1882−77.8%
2011-11-142011-11-30$0.8467+12.5%Quarterly
2011-08-152011-08-31$0.7526—Quarterly
2011-05-132011-05-31$0.7526—Quarterly
2011-02-102011-02-28$0.7526—Quarterly
2010-11-122010-11-30$0.7526+33.3%Quarterly
2010-08-132010-08-31$0.5644—Quarterly
2010-05-122010-05-28$0.5644—Quarterly
2010-02-112010-02-26$0.5644+400.0%Quarterly
2009-11-122009-12-18$0.1129+1.5%Quarterly
2009-08-132009-09-18$0.1113−80.0%Quarterly
2009-05-122009-06-19$0.5569−33.3%Quarterly
2009-02-102009-03-18$0.8353—Quarterly
2008-11-122008-11-28$0.8353—Quarterly
2008-08-132008-08-29$0.8353—Quarterly
2008-05-142008-05-30$0.8353—Quarterly
2008-02-132008-02-29$0.8353+7.1%Quarterly
2007-11-142007-11-30$0.7796—Quarterly
2007-08-152007-08-31$0.7796—Quarterly
2007-05-152007-05-31$0.7796—Quarterly
2007-02-122007-02-28$0.7796+10.5%Quarterly
2006-11-142006-11-30$0.7054—Quarterly
2006-08-152006-08-31$0.7054—Quarterly
2006-05-152006-05-31$0.7054—Quarterly
2006-02-152006-02-28$0.7054+8.6%Quarterly
2005-11-142005-11-30$0.6497—Quarterly
2005-08-152005-08-31$0.6497—Quarterly
2005-05-132005-05-31$0.6497—Quarterly
2005-02-162005-02-28$0.6497+191.7%Quarterly
2004-11-152004-11-30$0.2228−41.5%Quarterly
2004-10-152004-11-30$0.3805−7.1%
2004-10-14—$0.4098−32.1%
2004-08-132004-08-31$0.6033—Quarterly
2004-05-132004-05-28$0.6033—Quarterly
2004-02-122004-02-27$0.6033+8.3%Quarterly
2003-11-122003-11-28$0.5569—Quarterly
2003-08-132003-08-29$0.5569—Quarterly
2003-05-142003-05-30$0.5569—Quarterly
2003-02-132003-02-28$0.5569+9.1%Quarterly
2002-11-132002-11-29$0.5105—Quarterly
2002-08-142002-08-30$0.5105—Quarterly
2002-05-152002-05-31$0.5105+4.8%Quarterly
2002-02-132002-02-28$0.4873—Quarterly
2001-11-152001-11-30$0.4873—Quarterly
2001-08-162001-08-31$0.4873—Quarterly
2001-05-162001-05-31$0.4873+4.0%Quarterly
2001-02-142001-02-28$0.4687—Quarterly
2000-11-012000-11-17$0.4687—Quarterly
2000-08-022000-08-18$0.4687—Quarterly
2000-05-032000-05-19$0.4687—Quarterly
2000-02-022000-02-18$0.4687—Quarterly
1999-11-031999-11-19$0.4687—Quarterly
1999-08-041999-08-20$0.4687—Quarterly
1999-05-051999-05-21$0.4687—Quarterly
1999-02-031999-02-19$0.4687−0.7%Quarterly
1998-11-20—$0.4721+1,441.3%
1998-11-041998-11-20$0.0306−93.5%
1998-09-21—$0.4687—
1998-08-04—$0.4687—
1998-05-06—$0.4687—
1998-02-04—$0.4687—
1997-11-05—$0.4687—
1997-08-06—$0.4687—
1997-05-14—$0.4687+2.6%
1997-02-05—$0.4567—
1996-11-06—$0.4567—
1996-08-12—$0.4567—
1996-07-10—$0.4567—
1996-04-10—$0.4567—
1996-01-10—$0.4567—
1995-10-06—$0.4567—
1995-07-10—$0.4567—
1995-03-30—$0.4567+3.6%
1994-12-28—$0.4409—
1994-09-29—$0.4409—
1994-06-29—$0.4409—
1994-03-22—$0.4409—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

SPG stock split history

  • 1063:1000May 29, 2014
  • 10063:10000November 12, 2009
  • 100722:100000August 13, 2009

SPG dividend overview

Simon Property pays an annual dividend of $8.90 per share, a yield of 4.33% at the latest close, paid quarterly. It paid $8.55 per share in 2025, up 5.6% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 7.3% a year on average and over ten years 3.5% a year. The payout ratio is 124.5% of trailing earnings.

Related: SPG cash flow statement, SPG key metrics, SPG chart. See the SPG stock overview for the latest quote and news.

SPG dividends FAQ

Does Simon Property pay a dividend?

Yes. Simon Property has paid a regular dividend since 1994, quarterly, most recently $2.25 per share with an ex-dividend date of September 9, 2026.

What is Simon Property's dividend yield?

Simon Property's forward annual dividend is $8.90 per share, a dividend yield of 4.33% at the latest close of $205.44.

How often does Simon Property pay dividends?

Simon Property pays dividends quarterly.

How fast is Simon Property's dividend growing?

Simon Property's dividend per share grew from $6.00 in 2020 to $8.55 in 2025, 7.3% a year on average over five years; it has increased for 4 years in a row.

What is Simon Property's dividend payout ratio?

Simon Property pays out 124.5% of its trailing earnings as dividends and 101.0% of its free cash flow (fiscal 2025).

Has Simon Property split its stock?

Simon Property has split its stock 3 times: 1063:1000 on May 29, 2014, 10063:10000 on November 12, 2009, 100722:100000 on August 13, 2009. Dividends per share on this page are adjusted for splits.

REIT - Retail: dividends