Simon Property Group Inc (SPG)

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Simon Property Group Inc (SPG) Profile

Simon Property Group is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. Headquarters Indianapolis, Indiana, U.S.

Total assets US$34.786 billion (2020) Simon Property total number of employees in 2020 was 3,300 Market Cap: 52.503B USD

SIMONPROPERTYGROUPNews Simon Property Group is the largest mall operator in the world and the fifth-largest REIT by market capitalization. Its presence is massive, having ownership or interest in 196 indoor and outdoor malls across North America and 36 malls in Europe and Asia. Given the impact of the pandemic on brick-and-mortar retail, it's no surprise that 2020 was a tough year.

Simon Property Group Inc (SPG.xnys)Analysis Stock prices have rebounded from its pandemic lows, meaning Simon is not the value buy it was several months ago. It is well funded, with $8 billion in cash and cash equivalents on hand, but the company still carries a heavy amount of debt having $25 billion in mortgages alone. For Simon Property Group, the degree of risk really comes down to your outlook on the future of malls and brick-and-mortar shopping.

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Simon Property Group Inc (SPG) Trading FAQ

Shares represent units of ownership within a company. Shares are also known as stocks or equities. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition to traditional share dealing, however, traders can access derivatives: trading instruments derived from the movement of an underlying share price.

Individual stock CFDs (contract for differences) fall under the umbrella of derivative products, an effective low-cost trading vehicle. While CFDs do not grant shareholder privileges, active CFD positions may receive a dividend if executed before the ex-dividend date.

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