Simon Property Group, Inc. Simo (SPG-PJ)
Real Estate · NYQ
Fundamentals
Valuation and ratings
Simon Property Group, Inc. Simo trades at USD54.78, which is 60% above the USD21.98 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
SPG-PJ dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD2.09 | 2 |
| 2025 | USD4.19 | 4 |
| 2024 | USD4.19 | 4 |
| 2023 | USD4.19 | 4 |
| 2022 | USD4.19 | 4 |
| 2021 | USD4.19 | 4 |
| 2020 | USD4.19 | 4 |
| 2019 | USD4.19 | 4 |
| 2018 | USD4.19 | 4 |
| 2017 | USD4.19 | 4 |
| 2016 | USD4.19 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Simon Property Group, Inc. Simo
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indianapolis, Indiana.
SPG-PJ passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Simon Property Group, Inc. Simo (SPG-PJ) undervalued?
Against our discounted cash flow estimate of USD21.98, SPG-PJ at USD54.78 is 60% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Does Simon Property Group, Inc. Simo (SPG-PJ) pay a dividend?
Yes. Simon Property Group, Inc. Simo yields 7.60% at the current share price. It has paid USD4.19 per share over the trailing twelve months. It has paid a dividend in each of the last 21 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.