Simon Property (SPG) Declares $0.60 Cash and Stock Dividend; 3.3% Yield

October 30, 2009 8:13 AM EDT

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%.


Related Categories

Dividends

Stocks Mentioned

SPG 69.73

-2.49 -3.45%
Volume: 1,719,439
Track SPG


Related Entities


Add Your Comment