Simon Property Group — Aug 10, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-093361
Showing in the filing
Quarterly common stock dividend
“$2.25”
Period
Q3 FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 20
Quarterly common stock dividend for Q3 FY2026
“$2.25”
Quarterly dividend on 8 3/8% Series J Cumula… for Q3 FY2026
“$1.046875 per share”
Quarterly dividend on 8 3/8% Series J Cumula…
“$1.046875 per share”
Estimated Real Estate FFO per diluted share … for FY2026
“$13.20 to $13.30”
Estimated Real Estate FFO per share
“$13.20”
Development Activity Summary — Malls and Pre… for Q3 FY2026
“$234,919”
Development Activity Summary — Malls and Pre… for FY2026
“$419,786”
Development Activity Summary — Malls and Pre… for FY2027
“$193,136”
Development Activity Summary — Malls and Pre… for FY2026
“$612,922”
Development Activity Summary — The Mills Red… for the long term
“15%”
Development Activity Summary — The Mills Red… for Q3 FY2026
“$2,934”
Development Activity Summary — The Mills Red… for FY2026
“$4,169”
Development Activity Summary — The Mills Red… for FY2027
“$7,058”
Development Activity Summary — The Mills Red… for FY2026
“$11,227”
Development Activity Summary — Total Investm… for Q3 FY2026
“$237,853”
Development Activity Summary — Total Investm… for FY2026
“$423,955”
Development Activity Summary — Total Investm… for FY2027
“$200,194”
Development Activity Summary — Total Investm… for FY2026
“$624,149”
Development Activity Summary — Malls and Pre… for the long term
“9%”
Estimated net income attributable to common …
“$6.47”
Exhibit 99.1 · the passage around this item
… earlier in the release
•
Reported retailer sales per square foot was $838 for the trailing 12 months ended June 30, 2026, compared to $736 at June 30, 2025, an increase of 13.9%.
Dividends
Today, Simon’s Board of Directors declared a quarterly common stock dividend of $2.25 for the third quarter of 2026. This is an increase of $0.10, or 4.7% year-over-year. The dividend will be payable on September 30, 2026 to shareholders of record on September 9, 2026.
Simon’s Board of Directors declared the quarterly dividend on its 8 3/8% Series J Cumulative Redeemable Preferred Stock (NYSE: SPGPrJ) of $1.046875 per share, payable on September 30, 2026 to shareholders of record on September 16, 2026.
Common Stock Repurchase Program
During the quarter ended June 30, 2026, the Company repurchased 793,077 shares of its common stock and 237,618 limited partnership units at an average price of $205.10 per share/unit, for a total investment of $211.4 million.
Capital Markets and Balance Sheet Liquidity
During the quarter, the Company completed 8 secured loan transactions totaling approximately $1.4 billion (U.S. dollar equivalent). The weighted average interest rate on these loans was 5.36%.
The Company completed a Euro senior notes offering totaling €500 million with a 3.65% coupon rate and term of 5 years. Proceeds were used for general corporate purposes.
Additionally, the Company closed a $460 million 5-year term loan priced at SOFR +0.70%
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.