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Simon Property Group improves third-quarter results through rental growth and revenue productivity expansion

The Motley Fool +1 · ·by G4L

SPG Simon Property Group Inc
$233.01 +2.01%
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  1. 1Simon Property Group recorded 6.6% growth in domestic real estate NOI for the third quarter.
  2. 2Simon Property Group achieved 4.7% growth in real estate FFO per share compared to the same period last year.
  3. 3Simon Property Group announced a dividend of $2.30 per share for the fourth quarter.

So what's the key point?

Simon Property Group improved its performance by increasing rental income and real estate funds from operations per share. The company announced a dividend of $2.30 per share for the fourth quarter.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Simon Property reports 6.6% increase in domestic NOI and acquisition of Seattle assets The Motley Fool +1 · 7h agoSimon Property Beats Q2 FFO Estimate at $3.29 Per Share Associated Press +1 · Aug 11Microchip Technology reports September quarter revenue growth driven by industrial and data center demand The Motley Fool +1 · 3d ago
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