Simon Property Group, Inc. (NYSE:SPG) Updates On Dividend Release Date


On 2016-07-27, Simon Property Group, Inc. (NYSE:SPG) confirmed the dividend disbursement of $1.65 a share to shareholders as on record 2016-08-17. The firm will release dividend on 2016-08-31 while ex-dividend date is reported to be 2016-08-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Simon Property Group, Inc. (NYSE:SPG) paid a total of $1.65 per share in dividends. This figure stood at $1.65 a share in the same period a year ago indicating a deviation of -60.1055%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $233.846 on the stock. This figure is the average of recommendations offered by 13 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $270 and $160, respectively.

Taking the mathematical rating formula, the price for Simon Property Group, Inc. (NYSE:SPG) stands at 1.76. Earnings Review Simon Property Group, Inc. (NYSE:SPG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $2.68.

Coming to the quarter ending on 2015-12-31, Simon Property Group, Inc. (NYSE:SPG) recorded EPS of $2.63. The reported numbers came lower than the analysts’ estimates of $2.62, demonstrating a miss of $0.01 as against reported figures.

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