Simon Property Group (SPG) Raises Quarterly Dividend 6.1% to $1.75; 3.9% Yield

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Simon Property Group Reports Fourth Quarter And Full Year 2016 Results And Raises Quarterly Dividend

January 31, 2017 8:30 AM EST

INDIANAPOLIS, Jan. 31, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today reported results for the quarter and twelve months ended December 31, 2016.

Results for the Year[1]

Net income attributable to common stockholders was $1.836 billion, or $5.87 per diluted share, as compared to $1.824 billion, or $5.88 per diluted share, in the prior year period. Results for 2016 include a charge of $136.8 million or $0.38 per diluted share related to the redemption of certain senior notes of Simon Property Group, L.P. The 2015... More

Simon Property Group Reports Fourth Quarter And Full Year 2016 Results And Raises Quarterly Dividend

January 31, 2017 8:30 AM EST

INDIANAPOLIS, Jan. 31, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today reported results for the quarter and twelve months ended December 31, 2016.

Results for the Year[1]

Net income attributable to common stockholders was $1.836 billion, or $5.87 per diluted share, as compared to $1.824 billion, or $5.88 per diluted share, in the prior year period. Results for 2016 include a charge of $136.8 million or $0.38 per diluted share related to the redemption of certain senior notes of Simon Property Group, L.P. The 2015... More