Simon Property (SPG) Dividend Coverage Ratio (2009 - 2019)
Simon Property's (SPG) Dividend Coverage Ratio was 0.86 for Q1 2019, down 15.5% from 1.02 a year earlier and down 24.8% from the prior quarter.
Simon Property (SPG) Dividend Coverage Ratio (2009 - 2019) Analysis & Trends
Over the twelve months ended Mar 31, 2019, Simon Property's Dividend Coverage Ratio came in at 0.95, up 4.7% year-over-year; for FY2018, it was 0.99, up 14.2% from FY2017.
- By year, Dividend Coverage Ratio came in at 0.87 in FY2017 (-3.3%), 0.90 in FY2016 (-7.2%), 0.97 in FY2015 (+10.8%) and 0.88 in FY2014 (-3.7%).
- The Q1 2019 figure ranks as the lowest quarterly Dividend Coverage Ratio since Q2 2017.
- Year over year, Dividend Coverage Ratio gained in four of the last eight quarters, with growth averaging 5.9%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q1 2015 (growth of 40.6%); the low point was Q3 2014 (a decline of 28.6%).
- Per Business Quant data, the three quarters before Q1 2019 came in at 1.15 (Q4 2018), 0.90 (Q3 2018) and 0.91 (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 0.45 |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 0.78 |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 0.28 |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 0.77 |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 1.08 |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Invitation Homes | 15.69 Bn | 15.73 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2019 | 0.86 |
| Dec 31, 2018 | 1.15 |
| Sep 30, 2018 | 0.90 |
| Jun 30, 2018 | 0.91 |
| Mar 31, 2018 | 1.02 |
| Dec 31, 2017 | 0.99 |
| Sep 30, 2017 | 0.92 |
| Jun 30, 2017 | 0.70 |
| Mar 31, 2017 | 0.87 |
| Dec 31, 2016 | 0.76 |
| Sep 30, 2016 | 0.97 |
| Jun 30, 2016 | 0.90 |
| Mar 31, 2016 | 0.97 |
| Dec 31, 2015 | 0.79 |
| Sep 30, 2015 | 0.87 |
| Jun 30, 2015 | 1.01 |
| Mar 31, 2015 | 1.23 |
| Dec 31, 2014 | 1.00 |
| Sep 30, 2014 | 0.62 |
| Jun 30, 2014 | 1.00 |
Simon Property Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "SPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();