This transaction was part of the reinvestment of dividends received on restricted stock granted as non-cash consideration under the Simon Property Group (NYSE: ), LP 2019 Stock Incentive Plan. Following this acquisition, Selig now directly holds 30,260 shares. The company maintains an attractive dividend yield of 4.88% and has maintained dividend payments for 31 consecutive years, demonstrating strong financial stability. InvestingPro subscribers can access 8 additional key insights on SPG’s financial health, which is currently EXCELLENT according to InvestingPro’s comprehensive scoring system. The company maintains an attractive dividend yield of 4.88% and has maintained dividend payments for 31 consecutive years, demonstrating strong financial stability. InvestingPro subscribers can access 8 additional key insights on SPG’s financial health, which is currently EXCELLENT according to InvestingPro’s comprehensive scoring system. This transaction was part of the reinvestment of dividends received on restricted stock granted as non-cash consideration under Simon Property Group, LP’s 2019 Stock Incentive Plan. Following this acquisition, Selig now directly holds 30,260 shares.
In other recent news, Simon Property Group is in the spotlight following a series of events. The company’s third-quarter performance was strong, with a 4.8% year-over-year increase in real estate funds from operations (FFO) to $3.05 per share, and a 10.5% increase in dividends to 2, $10 per share.
Analysts at Jefferies upgraded shares of Simon Property Group from Hold to Buy, citing strong revenue growth and an expected increase in occupancy to 96.7% by the fourth quarter of 2025. The firm also raised its price target on Simon Property Group to $198 from its previous target from 179 dollars.
However, Deutsche Bank (ETR:) initiated coverage on the company with a Hold rating, citing concerns about the impact of tariffs on multiple trading in the shopping center sector. These recent events highlight the company’s current position in the real estate market and broader economic factors that could affect its stock performance. Investors can take these facts into account when evaluating a company’s potential value and future prospects.
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