Simon Property Group (NYSE: SPG) declared a quarterly dividend of $1.40 per share, or $5.6 annualized. This is a 7.7% increase from the prior dividend of $1.30.

The dividend will be payable on February 27, 0205, to stockholders of record on February 13, 2015, with an ex-dividend date of February 11, 2015.

The annual yield on the dividend is 2.7 percent.

For a dividend history and other dividend-related data on Simon Property Group (SPG) click here.