Simon Property Group: More Than 6% Dividend Yield Is Not Enough [Seeking Alpha]
Simon Property Group, Inc. (SPG)
Last simon property group, inc. earnings: 2/4 07:30 am
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US:NYSE Investor Relations:
investors.simon.com
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Source: Seeking Alpha
The company also raised its dividend for the eighth time since 2020, but the dividend still not reached pre-COVID levels. Despite the solid results, I see dark clouds on the horizon with bankruptcies and delinquency rates rising and reaching levels not seen since the early 2010s. Overall, we can see Simon Property Group fairly valued at this point. In February 2023, when I published my last article about Simon Property Group ( NYSE: SPG ), I gave the stock a “Buy” rating, but I was torn between optimism and pessimism resulting in the title” Reasons for Caution and Confidence”. Now, the stock is trading more or less for the same price as when my last article was published. Simon Property returned about 11% in the meantime, but that was mostly due to dividends. And when comparing the performance of Simon Property Group to the S&P 500 ( SPY ), the stock still underperformed. But the overall picture remains the same – Simon Property Group is still presenting several reasons to be
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SPG
News
- BP Partners With Simon to Expand EV Charging Network Across US [Yahoo! Finance]Yahoo! Finance
- Simon® Announces Date For Its Second Quarter 2024 Earnings Release And Conference Call [Yahoo! Finance]Yahoo! Finance
- Simon® Announces Date For Its Second Quarter 2024 Earnings Release And Conference CallPR Newswire
- Simon Property (SPG) & bp Team Up to Expand EV Charging Network [Yahoo! Finance]Yahoo! Finance
- bp signs deal with Simon® to expand ultra-fast EV charging network in US [Yahoo! Finance]Yahoo! Finance
SPG
Earnings
- 5/6/24 - Beat
SPG
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- SPG's page on the SEC website