Dividend Policy

Dividend policy remains a key theme. SPG declared a total dividend of $2.25 per share, with an ex‑dividend date of 2026‑09‑09 and a payment date of 2026‑09‑30. The dividend yield stands at 4.13%, with a forward yield of 4.18%. Although the payout ratio exceeds 1.0, indicating dividends are currently financed from cash reserves or debt, the company maintains a consistent payment record since 1994 and demonstrates resilience in its earnings and revenue growth metrics.