SIMON PROPERTY GROUP INC. (SPG) closed fiscal year 2025 with 326 M shares outstanding and a dividend of 8.55 USD per share.
SIMON PROPERTY GROUP INC. (SPG) closed fiscal year 2025 with 326 M shares outstanding and a dividend of 8.55 USD per share. Over the year the share count rose by 0.27 M shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has grown by 35.9 %. The dividend per share was 8.55 USD, up 5.6 % year on year. Total dividends paid came to 3.23 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 240M | 285M | 310M | — | — | 310M | 311M | 310M | — | — | — | 308M | 309M | 329M | 328M | 327M | 326M | 326M |
| Shares issued — SBC/options | — | 45.3M | 24.3M | — | — | — | 0.48M | 0.00M | — | — | — | — | 0.79M | 19.8M | 0.00M | 0.00M | 0.00M | 0.27M |
| Shares issued (%) | — | 15.86 % | 7.85 % | — | — | — | 0.15 % | 0.00 % | — | — | — | — | 0.26 % | 6.04 % | 0.00 % | 0.00 % | 0.00 % | 0.08 % |
| Shares repurchased | — | 0.00k | 0.00k | — | — | — | 0.00k | -628k | — | — | — | — | 0.00k | 0.00k | -770k | -1,009k | -710k | 0.00k |
| Shares repurchased (%) | — | 0.00 % | 0.00 % | — | — | — | 0.00 % | -0.20 % | — | — | — | — | 0.00 % | 0.00 % | -0.24 % | -0.31 % | -0.22 % | 0.00 % |
| Net addition/reduction | — | 45,272k | 24,320k | — | — | — | 476k | -628k | — | — | — | — | 788k | 19,850k | -770k | -1,009k | -710k | 269k |
| Net addition/reduction (%) | — | 15.86 % | 7.85 % | — | — | — | 0.15 % | -0.20 % | — | — | — | — | 0.26 % | 6.04 % | -0.24 % | -0.31 % | -0.22 % | 0.08 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 3.39 | 2.54 | 2.45 | 3.29 | 4.10 | 4.65 | 5.15 | 6.05 | 6.50 | 7.15 | 7.90 | 8.30 | 6.00 | 5.85 | 6.90 | 7.45 | 8.10 | 8.55 |
| Payout Ratio (%) | 183.86 % | 48.00 % | 123.80 % | 100.58 % | 86.76 % | 109.58 % | 113.84 % | 102.82 % | 110.80 % | 114.54 % | 100.37 % | — | — | — | 121.17 % | 122.49 % | 128.47 % | 69.87 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 0.85B | 0.15B | 0.76B | 1.03B | 1.24B | 1.45B | 1.60B | 1.88B | 2.04B | 2.23B | 2.45B | — | — | — | 2.59B | 2.80B | 3.05B | 3.23B |
| Dividend Yield (%) | 7.02 % | 3.25 % | 2.63 % | 2.71 % | 2.79 % | 3.23 % | 2.79 % | 3.12 % | 3.73 % | 4.18 % | 4.70 % | 5.62 % | 7.02 % | 3.71 % | 6.00 % | 5.16 % | 4.71 % | 4.55 % |
Figures in USD