Credit: Shutterstock photoSimon Property Group, Inc. ( SPG ) will begin trading ex-dividend on May 16, 2018. A cash dividend payment of $1.95 per share is scheduled to be paid on May 31, 2018. Shareholders who purchased SPG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.43% increase over prior dividend payment. At the current stock price of $158.02, the dividend yield is 4.94%.
The previous trading day's last sale of SPG was $158.02, representing a -8.67% decrease from the 52 week high of $173.02 and a 8.4% increase over the 52 week low of $145.78.
SPG is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Crown Castle International Corporation ( CCI ). SPG's current earnings per share, an indicator of a company's profitability, is $6.72. Zacks Investment Research reports SPG's forecasted earnings growth in 2018 as 7.2%, compared to an industry average of -.6%.
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:
- iShares Trust ( ICF )
- SPDR DJ Wilshire REIT ETF ( RWR )
- iShares Core U.S. REIT ETF ( USRT )
- Vanguard Real Estate ETF ( VNQ )
- Schwab U.S. REIT ETF ( SCHH ).
The top-performing ETF of this group is SCHH with an decrease of -6.31% over the last 100 days. ICF has the highest percent weighting of SPG at 7.99%.
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.
