SPG · News · 20260809N
Capital Return Program
SIMON PROPERTY GROUP INC. · 2026-08-09 · Importance 40 · Surprise 42 · In source text
Simon Property Group increased its quarterly dividend to $2.25 per share. The dividend increase was reported alongside quarterly revenue of $1.76 billion and EPS of $1.48. The digest does not disclose the previous dividend rate, effective date, total annual payout, or any share-repurchase authorization.
Key facts
- Simon Property Group increased its quarterly dividend to $2.25 per share. source
- Cardano Risk Management B.V. invested $104.28 million in Simon Property Group, acquiring 466,269 shares representing a 0.14% stake in the REIT. source
- Oliver Luxxe Assets LLC significantly reduced its stake in Simon Property Group (SPG) by 13.2% in the second quarter, selling 5,294 shares but still retaining 34,797 shares valued at $7.8 million. source
- Institutional investors collectively own 93.01% of SPG. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Simon Property Group increased its quarterly dividend to $2.25 per share. |
| liability | negative | committed | — | Simon Property Group increased its quarterly dividend to $2.25 per share. |