Simon Property Group (SPG) Raises Quarterly Dividend 12.5% to $0.90; Yields 2.9%

October 25, 2011 7:08 AM EDT
Simon Property Group, Inc. (NYSE: SPG) declared a quarterly dividend of $0.90 per share, or $3.6 annualized. This is a 12.5% increase from the prior dividend of $0.80.

The dividend will be payable on November 30, 2011, to stockholders of record on November 16, 2011, with an ex-dividend date of November 14, 2011.

The annual yield on the dividend is 2.9 percent.


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