Trump announces trade deal with EU following months of negotiations
In a recent transaction, Marta R. Stewart, a director at Simon Property Group Inc. (NYSE:SPG), acquired 184 shares of common stock through the reinvestment of dividends. The shares were purchased at a price of $164.80 each, amounting to a total value of $30,323. Simon Property Group, with a market capitalization of $63.5 billion, has maintained an impressive track record of dividend payments for 32 consecutive years, currently offering a 5.05% yield. This acquisition was part of the Simon Property Group, L.P. 2019 Stock Incentive Plan, where dividends received on restricted stock were reinvested. Following this transaction, Stewart’s direct ownership stands at 14,648 shares. According to InvestingPro, the company maintains a "GOOD" financial health score, having raised its dividend for three consecutive years. For deeper insights into SPG’s dividend sustainability and growth potential, along with 8 additional exclusive ProTips, consider exploring the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Springer Nature reported a 5% increase in revenue for the first quarter of 2025, reaching €1,847 million, alongside a 7% rise in adjusted operating profit. The company continues to focus on expanding its Open Access offerings and AI technologies, with 50% of its primary research articles now published Open Access. Springer Nature has set its revenue guidance for 2025 between €1,885 million and €1,935 million, aiming to maintain its adjusted operating profit margin. Additionally, the company has launched several new journals and AI tools, which are expected to drive future growth. Meanwhile, Simon Property Group announced the upcoming retirement of Allan B. Hubbard, an Independent (LON:IOG) Director on its Board, effective May 2025. Mr. Hubbard has been a member of the Board since 2009, contributing to various committees and the company’s strategic direction. Simon Property Group’s CEO, David Simon, expressed gratitude for Hubbard’s service, emphasizing his impact on the company’s governance and oversight.
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