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Simon Property ( (SPG) ) has issued an announcement.
Simon Property Group reported record Funds From Operations of nearly $4.9 billion for the year 2024, attributing its success to strong leasing activity and strategic redevelopment projects. The company also demonstrated financial strength with increased net income and a significant liquidity position of approximately $10.1 billion, all while raising dividends, reflecting its robust market position and commitment to shareholder returns.
More about Simon Property
Simon Property Group is a real estate investment trust focusing on the ownership of premier shopping, dining, entertainment, and mixed-use destinations.
YTD Price Performance: -0.07%
Average Trading Volume: 1,423,999
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $65.11B
For an in-depth examination of SPG stock, go to TipRanks’ Stock Analysis page.
