Simon Property (SPG) Dividend Coverage Ratio (2009 - 2026)
Simon Property's (SPG) Dividend Coverage Ratio was 3.97 for Q3 2026, down 28.5% from 5.55 a year earlier but up 3.8% from the prior quarter.
Simon Property (SPG) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Simon Property's Dividend Coverage Ratio came in at 9.17, up 75.3% year-over-year; for FY2025, it was 10.52, up 77.4% from FY2024.
- By year, Dividend Coverage Ratio came in at 5.93 in FY2024 (-7.5%), 6.41 in FY2023 (-2.0%), 6.54 in FY2022 (-1.9%) and 6.67 in FY2021 (+31.7%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 3.82 in Q2 2026 and a high of 26.14 in Q4 2025.
- Year over year, Dividend Coverage Ratio gained in four of the last eight quarters, with growth averaging 26.2%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q4 2025 (growth of 314.8%); the low point was Q1 2025 (a decline of 49.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 3.82 (Q2 2026), 3.90 (Q1 2026) and 26.14 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 3.97 |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 9.20 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 0.53 |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 0.24 |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 0.53 |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 0.73 |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | 0.68 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.97 |
| Jun 30, 2026 | 3.82 |
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 26.14 |
| Sep 30, 2025 | 5.55 |
| Jun 30, 2025 | 5.22 |
| Mar 31, 2025 | 3.87 |
| Dec 31, 2024 | 6.30 |
| Sep 30, 2024 | 4.74 |
| Jun 30, 2024 | 5.05 |
| Mar 31, 2024 | 7.67 |
| Dec 31, 2023 | 8.03 |
| Sep 30, 2023 | 6.61 |
| Jun 30, 2023 | 5.56 |
| Mar 31, 2023 | 5.31 |
| Dec 31, 2022 | 7.91 |
| Sep 30, 2022 | 6.51 |
| Jun 30, 2022 | 6.17 |
| Mar 31, 2022 | 5.47 |
| Dec 31, 2021 | 6.45 |
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();