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Simon Property Group: Solid Trends Behind This 5.4% Yield
SPGSimon Property(SPG) Seeking Alpha·2024-02-08 10:36

felixmizioznikov/iStock Editorial via Getty Images Simon Property Group (NYSE:SPG) reported its Q4 results, with a beat to consensus revenue and funds from operations. Shares rallied by more than 4% on the news which included a dividend increase announcement. The shopping mall real estate specialist caps off a record year where it benefited from resilient economic conditions and the strength of the U.S. consumer. For any talk over the past decade that brick-and-mortar retail might be dying, the latest trend ...