Simon Property Group Reports Third Quarter 2016 Results And Raises Full Year 2016 Guidance

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Simon Property Group (SPG) Declares $1.65 Quarterly Dividend; 3.3% Yield

October 26, 2016 8:07 AM EDT

Simon Property Group (NYSE: SPG) declared a quarterly dividend of $1.65 per share, or $6.6 annualized.

The dividend will be payable on November 30, 2016, to stockholders of record on November 16, 2016, with an ex-dividend date of November 14, 2016.

The annual yield on the dividend is 3.3... More

Simon Property Group (SPG) Tops Q3 FFO by 2c; Raises Outlook

October 26, 2016 8:06 AM EDT

Simon Property Group (NYSE: SPG) reported Q3 FFO of $2.70, $0.02 better than the analyst estimate of $2.68.

GUIDANCE:

Simon Property Group sees FY2016 FFO of $10.85-$10.87, versus the consensus of $10.86.

We continue to strengthen our retail real estate platform through... More