Simon Property Group (SPG) Raises Quarterly Dividend 2.9% to $1.80; 4.5% Yield

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Simon Property Group Reports Second Quarter 2017 Results And Raises Quarterly Dividend And Full Year 2017 Guidance

August 1, 2017 8:30 AM EDT

INDIANAPOLIS, Aug. 1, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended June 30, 2017.

Results for the Quarter1

Net income attributable to common stockholders was $382.0 million, or $1.23 per diluted share, as compared to $455.4 million, or $1.45 per diluted share, in the prior year period.  Results for the second quarter of 2017 include a charge of $128.6 million or $0.36 per diluted share related to the redemption of certain senior notes of Simon Property... More