What kind of REIT is SPG?


Shares of real estate investment trust (REIT) stock Simon Property Group (NYSE: SPG) jumped 13.1% in the first four trading days of the week, according to data provided by S&P Global Market Intelligence, driven by a strong earnings report.

What sector is SPG in?

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG).

Is Simon Property Group internally or externally managed?

9B. 15. Simon Property Group, Inc. is a Delaware corporation that operates as a self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Internal Revenue Code.

What are the three types of REITs?

There are three types of REITs:

  • Equity REITs. Most REITs are equity REITs, which own and manage income-producing real estate. …
  • Mortgage REITs. …
  • Hybrid REITs.

What is SPG dividend?

Dividend Yield 3.64% Annual Dividend $6.6. P/E Ratio 26.95.

Is SPG a good stock to buy?

Simon Property currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

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What is an SPG?

The sphenopalatine ganglion (SPG) is a collection of nerve cells that is closely associated with the trigeminal nerve, which is the main nerve involved in headache disorders. It contains autonomic nerves and sensory nerves. … The SPG is located just behind the bony structures of the nose.

Is the SPG in the Nasdaq?

Common Stock (SPG) Stock Price, Quote, News & History | Nasdaq.

Key Data.

Label Value
Previous Close $144.96
52 Week High/Low $145.01/$59.35
Market Cap 47,308,014,705
P/E Ratio 31.43

Does Simon Property Group pay dividends?

SPG pays a dividend of $5.50 per share. SPG’s annual dividend yield is 3.68%. Simon Property Group’s dividend is lower than the US REIT – Retail industry average of 17.34%, and it is lower than the US market average of 4.24%.

When did SPG IPO?

When was Simon Property Group’s initial public offering completed and what exchange is its stock traded on? Simon Property Group’s initial public offering closed in December of 1993 at a price of $22.25 per share. Simon Property Group’s common stock trades on the New York Stock Exchange under the ticker symbol “SPG.”