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SPG-P-J

SIMON PROPERTY GROUP INC. · Series J · REIT - Diversified
Also quoted as: SPG-J, SPGprJ, SPG.PRJ, SPG-PJ, SPGpJ
$54.67
last price

About this security

SPG-P-J is a 8.375% cumulative perpetual preferred stock issued by SIMON PROPERTY GROUP INC., a REIT - Diversified issuer. $50 liquidation preference, current yield 7.66%, callable from 2027-10-15.

SIMON PROPERTY GROUP INC.: Simon Property Group, Inc. is an Indiana corporation that operates as a self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Internal Revenue Code. REITs will generally not be liable for U.S. federal corporate income taxes as long as they distribute not less than 100% of their REIT taxable income. Simon Property Group, L.P. is our majority-owned Indiana partnership subsidiary that owns directly or indirectly all of our real estate properties and other assets. Unless stated otherwise or the context otherwise requires, references to "Simon" mean Simon Property Group, Inc. and references to the "Operating Partnership" mean Simon Property Group, L.P. References to "we," "us" and "our" mean collectively Simon, the Operating Partnership and those entities/subsidiaries owned or controlled by Simon and/or the Operating Partnership. According to the amended and restated Operating Partnership's partnership agreement, the Operating Partnership is required to pay all expenses of Simon. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets ® , and The Mills ® . As of December 31, 2025, we owned or held an interest in 212 income-producing properties in the United States, which consisted of 108 malls, 70 Premium Outlets, 16 Mills, six lifestyle centers, and 12 other retail properties in 38 states and Puerto Rico. ↗

Issuer page — all SIMON PROPERTY GROUP INC. securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 03:56:17 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
7.66%
Annual Dividend
$4.1875
Recent Market Price
$54.67
as of 2026-08-03
Disc/Prem to Par (→ screen)
+9.34% (+$4.67)
Recent Ex-Date
2026-06-16
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
8.375%
Call Date
2027-10-15
Yield to Call
0.54%
Yield to Worst
0.54%
Liq. Preference
$50.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Shares Offered (original)
17,500,000 +2,625,000 OA
Issued
2004-10-14
Series
J
Alt. Symbology
SPG-J, SPGprJ, SPG.PRJ, SPG-PJ, SPGpJ

vs. REIT - Diversified category (121 issues): yield 7.66% vs avg 8.17% · discount +9.3% vs avg -14.2%

Quote

 SPG-P-J (preferred)SPG (common)
Last $54.67 $219.04
Change — +4.18 (+1.95%)
Open$54.55$216.99
High / Low $54.67 / $54.50 $220.44 / $216.50
Prev Close—$214.86
Volume1,4781,965,579
52-Week High / Low $58.27 / $52.30 $220.44 / $155.44

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● SPG-P-J ● SPG (common)

Dividend History

Ex-DateAmount / Share
2026-06-16$1.046875
2026-03-17$1.046875
2025-12-17$1.046875
2025-09-16$1.046875
2025-06-16$1.046875
2025-03-17$1.046875
2024-12-16$1.046875
2024-09-16$1.046875
2024-06-14$1.046875
2024-03-14$1.046875
2023-12-14$1.046875
2023-09-14$1.046875

Performance — $10K Calculator

See what an investment in SPG-P-J would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Prospectus (SEC 424B5)

424B5 1 a2242643z424b5.htm 424B5 Use these links to rapidly review the document TABLE OF CONTENTS TABLE OF CONTENTS Table of Contents Filed Pursuant to Rule 424(b)(5) Registration Statement No. 333-223199 This preliminary prospectus supplement relates to an effective registration statement under the Securities Act of 1933, as amended, but is not complete and may be changed. This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities and are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not pe

Full Prospectus (SEC filing) →

News — SIMON PROPERTY GROUP INC.

Issuer news via Tiingo, tagged to SPG.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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