Simon Property Group (SPG) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $8.90
- Forward yield
- 4.48%
- Payout ratio
- 62.8%
- Growth streak
- 4 years
Simon Property Group pays a quarterly dividend of $2.25 per share. Its most recent payment had an ex-date of September 9, 2026 and was paid on September 30, 2026. Over the trailing twelve months, it paid $8.90 per share, a yield of about 4.4% at a share price of $200.95.
The record shows frequent, small raises rather than one a year. Since late 2021, Simon has raised its quarterly rate twelve times, each time by five cents. There were three raises in 2022, two in 2023, four in 2024, two in 2025 and one so far in 2026, which came with the June payment. As the base has grown, each five-cent step has shrunk in percentage terms, from about 3.0% to about 2.3%. The rate has risen from $1.65 to $2.25, an increase of about 36%. Payments by calendar year rose from $6.90 in 2022 to $7.45 in 2023, $8.10 in 2024 and $8.55 in 2025. The company has now increased its dividend for four consecutive years.
If the pattern holds, the next payment would go ex-dividend in early to mid-December 2026 and be paid around December 30. Raises came with the December payment in 2022, 2024 and 2025.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 10, 2026 | Sep 9, 2026 | Sep 30, 2026 | $2.25 |
| May 11, 2026 | Jun 9, 2026 | Jun 30, 2026 | $2.25 |
| Feb 2, 2026 | Mar 10, 2026 | Mar 31, 2026 | $2.20 |
| Nov 3, 2025 | Dec 10, 2025 | Dec 31, 2025 | $2.20 |
| Aug 4, 2025 | Sep 9, 2025 | Sep 30, 2025 | $2.15 |
| May 12, 2025 | Jun 9, 2025 | Jun 30, 2025 | $2.10 |
| Feb 4, 2025 | Mar 10, 2025 | Mar 31, 2025 | $2.10 |
| Nov 1, 2024 | Dec 9, 2024 | Dec 30, 2024 | $2.10 |
| Aug 5, 2024 | Sep 9, 2024 | Sep 30, 2024 | $2.05 |
| May 6, 2024 | Jun 7, 2024 | Jun 28, 2024 | $2.00 |
| Feb 5, 2024 | Mar 7, 2024 | Mar 29, 2024 | $1.95 |
| Oct 30, 2023 | Dec 7, 2023 | Dec 29, 2023 | $1.90 |
| Aug 2, 2023 | Sep 7, 2023 | Sep 29, 2023 | $1.90 |
| May 2, 2023 | Jun 8, 2023 | Jun 30, 2023 | $1.85 |
| Feb 6, 2023 | Mar 9, 2023 | Mar 31, 2023 | $1.80 |
| Nov 1, 2022 | Dec 8, 2022 | Dec 30, 2022 | $1.80 |
| Aug 1, 2022 | Sep 8, 2022 | Sep 30, 2022 | $1.75 |
| May 9, 2022 | Jun 8, 2022 | Jun 30, 2022 | $1.70 |
| Feb 7, 2022 | Mar 9, 2022 | Mar 31, 2022 | $1.65 |
| Nov 1, 2021 | Dec 9, 2021 | Dec 31, 2021 | $1.65 |
Frequently asked questions
Does Simon Property Group (SPG) pay a dividend?
Yes. Simon Property Group pays a quarterly dividend; the most recent payment was $2.25 per share.
What is SPG's dividend yield?
Simon Property Group paid $8.90 per share over the trailing twelve months, a yield of 4.48% at the last price of $198.70. Click here to learn more
When is SPG's most recent ex-dividend date?
Simon Property Group's most recent ex-dividend date is Sep 9, 2026, payable on Sep 30, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has SPG been raising its dividend?
Yes — Simon Property Group has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.