Simon Property Group: Dividend Restoration Continues
SPGSimon Property(SPG) Seeking Alpha·2024-08-22 03:32
Allkindza Simon Property Group, Inc. (NYSE:SPG) announced another dividend increase that has the company inching closer to the rate it paid before the COVID-19 challenges and worries about the economy committed management to preemptively cutting the distribution “just in case” the worst happened. Yet as the economy has continued to well, the fears about the worst happening are fading, even though there is a periodic scare about inflation. As long as David Simon, CEO, remains at the helm, this stock shou ...