SimonĀ® Reports Second Quarter 2022 Results and Increases Full Year 2022 Guidance and Raises Quarterly Dividend

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Simon Property Group (SPG) Raises Quarterly Dividend 2.9% to $1.75; 6.4% Yield

August 1, 2022 5:31 PM EDT

Simon Property Group (NYSE: SPG) declared a quarterly dividend of $1.75 per share, or $7 annualized. This is a 2.9% increase from the prior dividend of $1.70.

The dividend will be payable on September 30, 2022, to stockholders of record on September 9, 2022, with an ex-dividend date of September 8,... More

Simon Property Group (SPG) Misses Q2 EPS by 1c, Revenues Beat; Raises Outlook

August 1, 2022 4:32 PM EDT

Simon Property Group (NYSE: SPG) reported Q2 EPS of $1.51, $0.01 worse than the analyst estimate of $1.52. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.22 billion.

Funds From Operations ("FFO") was $1.093 billion, or $2.91 per diluted share as compared to $1.217 billion, or $3.24 per... More