Simon Property Group Recognized for Social Responsibility and Strong Dividends
Simon Property Group, Inc. (Symbol: SPG) has been designated a Top Socially Responsible Dividend Stock by Dividend Channel. This recognition highlights SPG’s above-average “DividendRank” statistics, including a robust 5.3% dividend yield. The company is acknowledged by leading asset managers as a socially responsible investment based on criteria related to social and environmental impacts. Environmental factors consider the effects of the company’s products and services, along with its efficiency in energy and resource usage. Social factors evaluate aspects such as human rights, labor practices, corporate diversity, and the societal effects of the company’s business activities, including associations with sectors like weapons, gambling, tobacco, and alcohol.
SPG’s Role in ESG Investing
According to ETF Finder at ETF Channel, Simon Property Group, Inc. is part of the iShares USA ESG Select ETF (SUSA), representing 0.21% of the fund’s total holdings. The fund currently owns shares of SPG valued at $8,632,914.
Dividend Payout Details
Simon Property Group pays an annualized dividend of $8.40 per share, distributed in quarterly payments. The most recent ex-dividend date was March 10, 2025. Analyzing SPG’s long-term dividend history is crucial, as it helps investors assess the sustainability of its current dividend payouts.
Industry Context
SPG operates within the REIT sector, standing alongside major companies such as American Tower Corp (AMT) and Prologis Inc (PLD).
Learn More: Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
