Dividend Simon Property Group up 2,6%

Today Simon Property Group announced an increase of their quarterly dividend from €1,95 to €2,00. This is an dividend increase of 2,6% versus the previous dividend and an 11,1% year-over-year dividend increase.

I have 16 Simon Property Group shares so this dividend increase will result in an increase of my yearly estimated dividend income of $3,20.

After this dividend increase the yield on cost for me is 4,87%.

Camarillo Premium Outlets – One of Simon Properties assets

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