What does Simon Property Group do?
What does Simon Property Group do?
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills.
When did SPG go public?
1993
When was Simon Property Group’s initial public offering completed and what exchange is its stock traded on? Simon Property Group’s initial public offering closed in December of 1993 at a price of $22.25 per share. Simon Property Group’s common stock trades on the New York Stock Exchange under the ticker symbol “SPG.”
What sector is SPG in?
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG).
When was Simon Property founded?
November 18, 1993
Simon Property Group/Founded
Who started Simon Property Group?
Herbert Simon
Melvin Simon
Simon Property Group/Founders
Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.
Is the SPG in the Nasdaq?
Common Stock (SPG) Stock Price, Quote, News & History | Nasdaq….Key Data.
| Label | Value |
|---|---|
| Forward P/E 1 Yr. | 12.96 |
| Earnings Per Share(EPS) | $6.17 |
| Annualized Dividend | $6.60 |
| Ex Dividend Date | Dec 9, 2021 |
How much does SPG pay in dividends?
SPG pays a dividend of $7.15 per share. SPG’s annual dividend yield is 4.73%. Simon Property Group’s dividend is lower than the US REIT – Retail industry average of 16.66%, and it is higher than the US market average of 4.51%.
Who founded Simon malls?
In 1960, Herb Simon and his brother Melvin (d. 2009) founded the precursor to Simon Property Group. Simon Property Group is now one of the world’s largest real estate investment trusts, with 233 properties globally, including 198 in the U.S.
Where was Simon’s property founded?
Where is Simon Property Group headquarters located?
Indianapolis, IN
Simon Property Group/Headquarters
What companies does Simon Property Group own?
Simon Property Group
| Type | Public company |
|---|---|
| Total equity | US$3.039 billion (2020) |
| Number of employees | 3,300 (2020) |
| Subsidiaries | Simon Malls Premium Outlets The Mills Kravco (80%) Klépierre (29.8%) Taubman Centers JCPenney |
| Website | simon.com |
What kind of company is Simon Property Group?
real estate investment trust
Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills.
Who owns Simon group?
He is the owner of the Indiana Pacers, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010, he purchased Kirkus Reviews. Forbes estimated his net worth to be around US$3.2 billion in mid-2018….Herbert Simon (real estate)
| Herbert Simon | |
|---|---|
| Family | Melvin Simon (brother) |
Does Simon Property Group pay dividends?
SPG pays a dividend of $5.85 per share. SPG’s annual dividend yield is 3.76%. Simon Property Group’s dividend is lower than the US REIT – Retail industry average of 16.11%, and it is lower than the US market average of 4.37%.
Who is the owner of Lenox Mall?
Simon Property Group
Lenox Square/Owners
Who are Simon Property Group competitors?
Simon Property Group’s top competitors include Hammerson, Federal Realty Investment Trust, Prologis, Realty Income Corporation, Unibail-Rodamco-Westfield, Duke Realty and Cook Group.
When did the Simons buy the Pacers?
1983
Today, that topic is the Indiana Pacers, which Steve’s father and uncle, Herb and Mel Simon, bought in 1983. Since Mel’s death in 2009, Herb has been the Pacers’ sole owner and shot-caller. At 86, he is now the NBA’s oldest and longest-tenured owner.
How much does SPG stock pay dividends?
SPG pays a dividend of $7.15 per share. SPG’s annual dividend yield is 4.89%.
How often is O dividend?
There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 0.5.
