Simon Property (SPG) Declares $0.60 Cash and Stock Dividend; 3.3% Yield
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Simon Property Group, Inc. (NYSE: SPG) declares a quarterly common stock dividend of $0.60 per share, or $2.40 annualized, which will be a combination of cash and shares of SPG common stock. The Company intends that the cash component of the dividend will not exceed 20% in the aggregate, or $0.12 per share.
The dividend is payable on December 18, 2009 to stockholders of record on November 16, 2009. The ex-dividend date is November 12, 2009.
Yield on the dividend is 3.5%.
The dividend is payable on December 18, 2009 to stockholders of record on November 16, 2009. The ex-dividend date is November 12, 2009.
Yield on the dividend is 3.5%.
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