WHP Global, in collaboration with an affiliate of Simon Property Group ("Simon"), Brookfield Properties ("Brookfield"), and Centennial Real Estate ("Centennial"), announce the formation of PHOENIX, a new retail operating platform, which received court approval to acquire a majority of Express, Inc. operations. Upon closing, PHOENIX will operate all direct-to-consumer (DTC) commerce in the U.S.A. for Express and Bonobos.
Simon Property Group Inc (NYSE:SPG) recently announced a dividend of $2 per share, payable on 2024-06-28, with the ex-dividend date set for 2024-06-07. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Simon Property Group Inc's dividend performance and assess its sustainability.
A surprisingly robust economy and strong U.S. consumer spending have led to significant gains for Simon Property.