Home Corporate News Simon Property Group, Inc. ($SPG) To Go Ex-Dividend Tomorrow, December 23, 2020

Simon Property Group, Inc. ($SPG) To Go Ex-Dividend Tomorrow, December 23, 2020


Simon Property Group, Inc. (NYSE:SPG) will begin trading ex-dividend on December 23, 2020. The quarterly dividend payment of $ 1.30 per share is scheduled to be paid on January 22, 2021. The dividend yield based on the latest trading day closing price was 6.22 percent. Shareholders who purchased SPG shares prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History

Click Here For More Historical Dividends Of Simon Property Group, Inc.

Simon Property Group, Inc. recently reported third quarter financial results on November 9, 2020, after market close, the Indianapolis based company outlined income for the third quarter of $ 2.05 per share, from the revenue of $ 1,061.00 million. The quarterly earnings reduced 32.79 percent while revenues down 25.12 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.90 per share from $ 1078.94 million in revenue. The bottom line results beat street analysts by $ 1.15 or 127.78 percent, at the same time, top line results fell short of analysts by $ 17.94 million or 1.66 percent.

Stock Performance

Shares of Simon Property Group, Inc. traded low $ -1.78 or -2.08 percent on Monday, reaching $ 83.65 with volume of 4.49 million shares. Simon Property Group, Inc. has traded high as $ 84.50 and has cracked $ 82.25 on the downward trend

According to the previous trading day, closing price of $ 83.65, representing a 102.20 % increase from the 52 week low of $ 42.25 and a 43 % decrease over the 52 week high of $ 149.89.

The company has a market capital of $ 27.45 billion and is part of the Real Estate sector and REIT – Retail industry.

Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE:SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

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Tara is an Intermediate. She joined SMI team as an intern to develop herself as a financial journalist. She is keen on the economic, as well as, the American equity markets. In case of any concern, mail your query to tara@stockmarketintellects.com