SPG Dividend History & Yield

Simon Property Group, Inc. · NYSE

Stock Real Estate Quarterly payer REIT
$211.63
-0.19% today
as of Oct 25, 2026
TTM yield
4.21%
$8.90/share over the last 12 months
Forward yield
4.25%
$9.00/share indicated annual rate
Annual dividend
$9.00
per share, forward
Per payment
$2.25
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 9, 2026 Estimated
in 45 days
Next pay date
Dec 23, 2026
in 59 days
Last ex-dividend date
Sep 9, 2026
$2.25 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
80.3B
P/E 14.9
5y dividend CAGR
+10.1%
annualised, regular payments
Growth streak
5 yrs
consecutive annual raises
Years paying
32.6
since Mar 22, 1994
1y total return
+17.5%
price +12.8% + dividends 4.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 9, 2026 (in 45 days) Dec 23, 2026 $2.25 $225.00 Estimated
Wed, Mar 10, 2027 (in 136 days) Mar 24, 2027 $2.25 $225.00 Estimated
Wed, Jun 9, 2027 (in 227 days) Jun 23, 2027 $2.25 $225.00 Estimated
Wed, Sep 8, 2027 (in 318 days) Sep 22, 2027 $2.25 $225.00 Estimated

Estimated dates and amounts are projected from SPG's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $9.00 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 14, 2016 to Sep 9, 2026; most recent $2.25$0.00$1.25$2.50Nov 14, 2016: $1.65Nov '16Feb 10, 2017: $1.75May 15, 2017: $1.75Aug 15, 2017: $1.80Nov 15, 2017: $1.85Feb 13, 2018: $1.95Feb '18May 16, 2018: $1.95Aug 16, 2018: $2.00Nov 15, 2018: $2.00Feb 13, 2019: $2.05May 16, 2019: $2.05May '19Aug 15, 2019: $2.10Nov 14, 2019: $2.10Feb 13, 2020: $2.10Jul 9, 2020: $1.30Oct 8, 2020: $1.30Oct '20Dec 23, 2020: $1.30Apr 8, 2021: $1.30Jul 1, 2021: $1.40Sep 8, 2021: $1.50Dec 9, 2021: $1.65Dec '21Mar 9, 2022: $1.65Jun 8, 2022: $1.70Sep 8, 2022: $1.75Dec 8, 2022: $1.80Mar 9, 2023: $1.80Mar '23Jun 8, 2023: $1.85Sep 7, 2023: $1.90Dec 7, 2023: $1.90Mar 7, 2024: $1.95Jun 7, 2024: $2.00Jun '24Sep 9, 2024: $2.05Dec 9, 2024: $2.10Mar 10, 2025: $2.10Jun 9, 2025: $2.10Sep 9, 2025: $2.15Sep '25Dec 10, 2025: $2.20Mar 10, 2026: $2.20Jun 9, 2026: $2.25Sep 9, 2026: $2.25

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$5.00$10.002017: $7.15$7.1520172018: $7.90$7.9020182019: $8.30$8.3020192020: $6.00$6.0020202021: $5.85$5.8520212022: $6.90$6.9020222023: $7.45$7.4520232024: $8.10$8.1020242025: $8.55$8.5520252026 (YTD): $6.70$6.702026 YTD

How much SPG do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month134$28,217$1,200
$500 / month667$141,087$6,000
$1,000 / month1,334$282,173$12,000

Based on the forward yield of 4.25%. $10,000 in SPG would currently pay about $425 a year ($35 a month on average). Model reinvestment and growth →

SPG dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 9, 2026 — $2.25 +0.0%
Jun 9, 2026 — $2.25 +2.3%
Mar 10, 2026 — $2.20 +0.0%
Dec 10, 2025 — $2.20 +2.3%
Sep 9, 2025 — $2.15 +2.4%
Jun 9, 2025 — $2.10 +0.0%
Mar 10, 2025 — $2.10 +0.0%
Dec 9, 2024 — $2.10 +2.4%
Sep 9, 2024 — $2.05 +2.5%
Jun 7, 2024 — $2.00 +2.6%
Mar 7, 2024 — $1.95 +2.6%
Dec 7, 2023 — $1.90 +0.0%
Sep 7, 2023 — $1.90 +2.7%
Jun 8, 2023 — $1.85 +2.8%
Mar 9, 2023 — $1.80 +0.0%
Dec 8, 2022 — $1.80 +2.9%
Sep 8, 2022 — $1.75 +2.9%
Jun 8, 2022 — $1.70 +3.0%
Mar 9, 2022 — $1.65 +0.0%
Dec 9, 2021 — $1.65 +10.0%
Sep 8, 2021 — $1.50 +7.1%
Jul 1, 2021 — $1.40 +7.7%
Apr 8, 2021 — $1.30 +0.0%
Dec 23, 2020 — $1.30 +0.0%
Oct 8, 2020 — $1.30 +0.0%
Jul 9, 2020 — $1.30 -38.1%
Feb 13, 2020 — $2.10 +0.0%
Nov 14, 2019 — $2.10 +0.0%
Aug 15, 2019 — $2.10 +2.4%
May 16, 2019 — $2.05 +0.0%
Feb 13, 2019 — $2.05 +2.5%
Nov 15, 2018 — $2.00 +0.0%
Aug 16, 2018 — $2.00 +2.6%
May 16, 2018 — $1.95 +0.0%
Feb 13, 2018 — $1.95 +5.4%
Nov 15, 2017 — $1.85 +2.8%
Aug 15, 2017 — $1.80 +2.9%
May 15, 2017 — $1.75 +0.0%
Feb 10, 2017 — $1.75 +6.1%
Nov 14, 2016 — $1.65 +0.0%
Aug 15, 2016 — $1.65 +3.1%
May 13, 2016 — $1.60 +0.0%
Feb 10, 2016 — $1.60 +0.0%
Nov 12, 2015 — $1.60 +3.2%
Aug 13, 2015 — $1.55 +3.3%
May 13, 2015 — $1.50 +7.1%
Feb 11, 2015 — $1.40 +7.7%
Nov 12, 2014 — $1.30 +0.0%
Aug 13, 2014 — $1.30 +6.3%
May 14, 2014 — $1.223 +4.0%
Feb 12, 2014 — $1.1759 +4.2%
Nov 13, 2013 — $1.1289 +4.3%
Aug 14, 2013 — $1.0818 +0.0%
May 15, 2013 — $1.0818 +0.0%
Feb 12, 2013 — $1.0818 +4.5%
Nov 14, 2012 — $1.0348 +4.8%
Aug 15, 2012 — $0.9878 +5.0%
May 15, 2012 — $0.9407 +5.3%
Feb 13, 2012 — $0.8937 +375.0%
Dec 14, 2011 — $0.1881 -77.8%
Nov 14, 2011 — $0.8467 +12.5%
Aug 15, 2011 — $0.7526 +0.0%
May 13, 2011 — $0.7526 +0.0%
Feb 10, 2011 — $0.7526 +0.0%
Nov 12, 2010 — $0.7526 +33.3%
Aug 13, 2010 — $0.5644 +0.0%
May 12, 2010 — $0.5644 +0.0%
Feb 11, 2010 — $0.5644 +400.0%
Nov 12, 2009 — $0.1129 +1.5%
Aug 13, 2009 — $0.1112 -80.0%
May 12, 2009 — $0.5569 -33.3%
Feb 10, 2009 — $0.8353 +0.0%
Nov 12, 2008 — $0.8353 +0.0%
Aug 13, 2008 — $0.8353 +0.0%
May 14, 2008 — $0.8353 +0.0%
Feb 13, 2008 — $0.8353 +7.1%
Nov 14, 2007 — $0.7796 +0.0%
Aug 15, 2007 — $0.7796 +0.0%
May 15, 2007 — $0.7796 +0.0%
Feb 12, 2007 — $0.7796 +10.5%
Nov 14, 2006 — $0.7054 +0.0%
Aug 15, 2006 — $0.7054 +0.0%
May 15, 2006 — $0.7054 +0.0%
Feb 15, 2006 — $0.7054 +8.6%
Nov 14, 2005 — $0.6497 +0.0%
Aug 15, 2005 — $0.6497 +0.0%
May 13, 2005 — $0.6497 +0.0%
Feb 16, 2005 — $0.6497 +191.7%
Nov 15, 2004 — $0.2228 -41.5%
Oct 15, 2004 — $0.3805 -36.9%
Aug 13, 2004 — $0.6033 +0.0%
May 13, 2004 — $0.6033 +0.0%
Feb 12, 2004 — $0.6033 +8.3%
Nov 12, 2003 — $0.5569 +0.0%
Aug 13, 2003 — $0.5569 +0.0%
May 14, 2003 — $0.5569 +0.0%
Feb 13, 2003 — $0.5569 +9.1%
Nov 13, 2002 — $0.5105 +0.0%
Aug 14, 2002 — $0.5105 +0.0%
May 15, 2002 — $0.5105 +4.8%
Feb 13, 2002 — $0.4873 +0.0%
Nov 15, 2001 — $0.4873 +0.0%
Aug 16, 2001 — $0.4873 +0.0%
May 16, 2001 — $0.4873 +4.0%
Feb 14, 2001 — $0.4687 +0.0%
Nov 1, 2000 — $0.4687 +0.0%
Aug 2, 2000 — $0.4687 +0.0%
May 3, 2000 — $0.4687 +0.0%
Feb 2, 2000 — $0.4687 +0.0%
Nov 3, 1999 — $0.4687 +0.0%
Aug 4, 1999 — $0.4687 +0.0%
May 5, 1999 — $0.4687 +0.0%
Feb 3, 1999 — $0.4687 +1430.3%
Nov 4, 1998 — $0.0306 -93.5%
Sep 21, 1998 — $0.4687 +0.0%
Aug 4, 1998 — $0.4687 +0.0%
May 6, 1998 — $0.4687 +0.0%
Feb 4, 1998 — $0.4687 +0.0%
Nov 5, 1997 — $0.4687 +0.0%
Aug 6, 1997 — $0.4687 +0.0%
May 14, 1997 — $0.4687 +2.6%
Feb 5, 1997 — $0.4566 +0.0%
Nov 6, 1996 — $0.4566 +0.0%
Aug 12, 1996 — $0.4566 +0.0%
Jul 10, 1996 — $0.4566 +0.0%
Apr 10, 1996 — $0.4566 +0.0%
Jan 10, 1996 — $0.4566 +0.0%
Oct 6, 1995 — $0.4566 +0.0%
Jul 10, 1995 — $0.4566 +0.0%
Mar 30, 1995 — $0.4566 +3.6%
Dec 28, 1994 — $0.4409 +0.0%
Sep 29, 1994 — $0.4409 +0.0%
Jun 29, 1994 — $0.4409 +0.0%
Mar 22, 1994 — $0.4409 —

SPG dividend increases & cuts

Market-wide changes →

No change to SPG's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

SPG scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Simon Property Group, Inc.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties.

Sector: Real Estate. Industry: REIT - Retail. First dividend on our records: Mar 22, 1994. 134 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

SPG dividend FAQ

When is SPG's next ex-dividend date?

SPG's next ex-dividend date is Dec 9, 2026 (in 45 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $2.25 per share, expected on Dec 23, 2026.

How often does SPG pay dividends?

SPG pays dividends every quarter, 4 times a year. The most recent payment was $2.25 per share with an ex-date of Sep 9, 2026.

What is SPG's dividend yield?

SPG's trailing 12-month dividend yield is 4.21%, based on $8.90 per share paid over the last year and a share price of $211.63. The forward yield, using the indicated annual rate of $9.00 per share, is 4.25%.

How much does SPG pay per share?

SPG pays about $2.25 per share each quarter, which works out to roughly $9.00 per share a year. 100 shares would collect about $900.00 a year.

Has SPG grown or cut its dividend?

SPG has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 10.1% a year (+5.3% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of SPG do I need to earn $100 a month?

At the current forward yield of 4.25%, you would need about 134 shares of SPG (roughly $28,217 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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