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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Simon Property Group, Inc. (SPG) pays a $8.80 annual dividend ($2.25 quarterly), yielding 4.20% at $209.44/share. Next ex-dividend date 2026-09-09. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 4.20%
Annual Dividend: $8.80 per share
Payout Ratio: 62.6%
Ex-Dividend Date: 2026-09-09
Dividend Frequency: quarterly
Sector: Real Estate
Years of Dividend History: 33
Simon Property Group, Inc. dividend income comes from one of the largest retail real estate investment trusts in the world, owning and operating premier shopping, dining, and entertainment destinations across North America, Europe, and Asia. SPG currently pays a 4.2% dividend yield, with a trailing annual dividend rate of $8.80 per share paid quarterly. The next ex-dividend date is September 9, 2026. With a beta of 1.312, SPG carries more price volatility than the broader market, making it a fit for income-focused investors who can tolerate share price swings in exchange for a high current yield.
Simon Property Group, Inc. pays out 62.6% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level leaves a meaningful buffer above the dividend, supported by a portfolio of high-traffic shopping, dining, and mixed-use destinations that attract millions of visitors daily and generate billions in annual revenue. Simon Property Group, Inc. dividend safety faces its clearest pressure from the beta of 1.312, which reflects sensitivity to broader market conditions that can affect retail real estate valuations and, over time, earnings capacity. The dividend was also cut during 2020-2021, a data point income investors should weigh when assessing durability.
Simon Property Group, Inc. dividend history shows a CAGR of 8.3% per year from 2012 to 2025. The per-share annual dividend grew from $4.10 in 2012 to $8.55 in 2025 (with 2026 partial year data not used in this calculation). The largest annual increase in the window was 26.9% in 2011, though the history also contains at least one year-over-year decline exceeding 5%, most visibly in 2020 and 2021 when the annual dividend dropped from $8.30 to $6.00 and then $5.85.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.4% | $6.90 (2022) | $8.55 (2025) |
| 5-Year | +7.3% | $6.00 (2020) | $8.55 (2025) |
| 10-Year | +3.5% | $6.05 (2015) | $8.55 (2025) |
SPG fits dividend investors who prioritize a high current yield from a large-scale retail real estate portfolio. At 4.2%, the yield is classified as high (above 4%) and sits meaningfully above SPG's own 5-year average yield of 3.52%, which means buyers today are locking in a historically elevated income rate. The 62.6% payout ratio is elevated but not extreme, and the 4-year streak of consecutive increases shows the dividend has been rebuilt after the 2020-2021 cuts. The trade-off is real: a beta of 1.312 means the share price moves more than the market, and the dividend has been cut before. Income without price stability is what this stock delivers.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-09 | $2.2500 |
| 2026-06-09 | $2.2500 |
| 2026-03-10 | $2.2000 |
| 2025-12-10 | $2.2000 |
| 2025-09-09 | $2.1500 |
| 2025-06-09 | $2.1000 |
| 2025-03-10 | $2.1000 |
| 2024-12-09 | $2.1000 |
| 2024-09-09 | $2.0500 |
| 2024-06-07 | $2.0000 |
| Year | Total Dividends |
|---|---|
| 2026 | $6.7000 |
| 2025 | $8.5500 |
| 2024 | $8.1000 |
| 2023 | $7.4500 |
| 2022 | $6.9000 |
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