Simon Property Group Announces Reporting Information For 2025 Distributions

Rhea-AI Summary

Simon Property Group (NYSE:SPG) released 2025 year-end tax reporting for common and Series J preferred stock distributions, marked as final income allocations.

For common stock, the annual total distribution per share is $8.55, with taxable ordinary dividends $8.55, qualified dividends $0.930998, and Section 199A dividends $7.619002. For 8.375% Series J preferred, the annual total distribution per share is $4.1875, with taxable ordinary dividends $4.1875, qualified dividends $0.455972, and Section 199A dividends $3.731528.

No capital gain or nondividend distributions were reported. Recipients are advised to consult a tax advisor for treatment of these amounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

News Market Reaction – SPG

-0.32%

-0.32% News Effect

On the day this news was published, SPG declined 0.32%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details the tax characterization of Simon’s 2025 distributions, including the $8.5...

Analysis

This announcement details the tax characterization of Simon’s 2025 distributions, including the $8.550000 per-share common dividend and $4.187500 per-share Series J preferred dividend, plus amounts treated as Section 199A dividends. It helps income-focused investors and tax advisors correctly report ordinary, qualified, and REIT-specific components. In context of recent financing and operational updates, this fits an ongoing stream of informational disclosures rather than a change in dividend policy or cash levels.

Key Figures

2025 total common dividend: $8.550000 per share Common taxable ordinary dividends: $8.550000 per share (100.0%) Common qualified dividends: $0.930998 per share +5 more

8 metrics

2025 total common dividend $8.550000 per share Simon Property Group, Inc. common stock 2025 distributions

Common taxable ordinary dividends $8.550000 per share (100.0%) Portion of 2025 common distributions treated as taxable ordinary dividends

Common qualified dividends $0.930998 per share Qualified dividend amount included in 2025 common taxable ordinary dividends

2025 preferred J dividend $4.187500 per share 8.375% Series J cumulative redeemable preferred stock distributions

Preferred J taxable ordinary dividends $4.187500 per share (100.0%) Portion of 2025 Series J distributions treated as taxable ordinary dividends

Common Section 199A dividends $7.619002 per share 2025 REIT dividends eligible for Section 199A deduction on common stock

Preferred J Section 199A dividends $3.731528 per share 2025 REIT dividends eligible for Section 199A deduction on Series J preferred

Series J coupon rate 8.375% Coupon on Series J cumulative redeemable preferred stock

Historical Context

5 past events · Latest: Jan 09 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jan 09	Earnings date set	Neutral	-0.2%	Announced Q4 2025 earnings release and conference call schedule.
Jan 06	Debt refinancing	Neutral	-1.3%	Announced $800M 4.300% senior notes to repay 2026 notes.
Dec 03	EV charging rollout	Neutral	+0.1%	Reported surpassing 500 Hyper-Fast chargers at Simon locations.
Dec 03	EV rollout correction	Neutral	+0.1%	Issued corrected details on the Electrify America collaboration.
Dec 03	Technology partnership	Neutral	+0.1%	Announced Autolane curbside operating system at selected centers.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent SPG headlines have produced modest, mixed single-day price reactions around the news dates.

Recent Company History

Over the past few months, Simon released a mix of financing, operational, and scheduling updates. On Jan 6, 2026, it announced an $800 million senior notes offering to refinance 2026 notes. On Jan 9, 2026, the company set its Q4 2025 earnings release and call for Feb 2, 2026. Earlier in December 2025, Simon highlighted EV charging expansion with Electrify America and a curbside technology rollout with Autolane. The current dividend tax reporting fits into this pattern of informational disclosures.

Key Terms

real estate investment trust, cusip, qualified dividends, section 199a, +4 more

8 terms

real estate investment trust financial

"Simon®, a real estate investment trust engaged in the ownership..."

A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.

cusip financial

"Simon Property Group, Inc. Common StockCUSIP 828806109Ticker Symbol: SPG"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

qualified dividends financial

"Qualified Dividends | $ 0.228666 | $ 0.228666..."

Dividends that meet tax rules allowing them to be taxed at the lower long-term capital gains rates instead of higher ordinary income rates. For investors, that means more of the payment stays in your pocket; it influences which dividend-paying stocks you buy and how long you hold them, similar to getting a discount for meeting a store’s membership conditions.

section 199a regulatory

"Section 199A Dividends (2) | $ 1.871334 | ..."

Section 199A is a U.S. tax-code provision that lets owners of pass-through businesses (where profits are reported on personal tax returns) claim a deduction of up to about 20% of certain business income, subject to limits based on wages paid and company assets. For investors, it matters because it changes the after-tax cash flow and reported income of many privately held and small public firms — think of it as a tax discount that can make a company’s earnings look stronger and alter valuation and dividend expectations.

section 897 regulatory

"Section 897 Capital Gain | $ - | $ - | $ - | $ - | $ -"

Section 897 is a U.S. tax rule that treats the sale or transfer of U.S. real estate interests by non-U.S. persons as taxable in the United States, so a foreign owner can’t avoid U.S. tax simply by being based abroad. For investors, it matters because it can create a tax bill or withholding requirement when foreign parties buy, sell, or receive certain interests in U.S. property, which can change transaction proceeds and deal structure much like a built-in closing cost.

sec. 1250 regulatory

"Unrecaptured Sec. 1250 Gain | $ - | $ - | ..."

Section 1250 is a U.S. tax rule that affects the taxable gain when real estate or other long-lived property that was written down for tax purposes is sold. For investors, it can convert part of a sale profit that might otherwise be taxed at lower capital-gains rates into income taxed at higher ordinary-tax rates, similar to having to “give back” some of the earlier tax breaks you received for depreciation when the asset is sold.

treas. reg. §1.1061-6(c) regulatory

"Pursuant to Treas. Reg. §1.1061-6(c), the Company reports that..."

A U.S. Treasury regulation citation that lays out tax rules for profit interests in partnerships that are tied to performing services (commonly called “carried interests”). It explains when gains from those interests lose preferential long-term capital gains tax treatment and are taxed like ordinary income, which can change the after‑tax return for fund managers and investors. Think of it as the rulebook that determines whether a performance-based stake is taxed like salary or like a long-term investment.

cumulative redeemable preferred stock financial

"8.375% Series J Cumulative Redeemable Preferred StockCUSIP 828806885..."

Cumulative redeemable preferred stock is a type of investment that gives shareholders priority over common stockholders to receive dividends and get their money back if the company is sold or closes. If the company misses dividend payments, it must pay them later before any dividends can go to other shareholders. This makes it a more secure and flexible option for investors seeking steady income with some ability to redeem their shares in the future.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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INDIANAPOLIS, Jan. 20, 2026 /PRNewswire/ -- Simon^®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced 2025 year-end tax reporting information. 

Simon Property Group, Inc. Common Stock
CUSIP 828806109
Ticker Symbol:  SPG

						% of
	Record 3/10/25	Record 6/9/25	Record 9/9/25	Record 12/10/25		Annual
Dividend Dates	Pmt 3/31/25	Pmt 6/30/25	Pmt 9/30/25	Pmt 12/31/25	Totals	Total
Total Distribution per Share	$ 2.100000	$ 2.100000	$ 2.150000	$ 2.200000	$ 8.550000
Taxable Ordinary Dividends	$ 2.100000	$ 2.100000	$ 2.150000	$ 2.200000	$ 8.550000	100.0 %
Qualified Dividends	$ 0.228666	$ 0.228666	$ 0.234111	$ 0.239555	$ 0.930998
(included in
Taxable Ordinary Dividends)
Total Capital Gain Distribution (1)	$                -	$                -	$                -	$                    -	$             -	0.0 %
Unrecaptured Sec. 1250 Gain	$                -	$                -	$                -	$                    -	$             -
(included in
Total Capital Gain Distribution)
Nondividend Distributions	$                -	$                -	$                -	$                    -	$             -
Section 199A Dividends (2)	$ 1.871334	$ 1.871334	$ 1.915889	$ 1.960445	$ 7.619002
Section 897 Capital Gain	$                -	$                -	$                -	$                    -	$             -

Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable Preferred Stock
CUSIP 828806885
Ticker Symbol:  SPGPrJ

						% of
	Record 3/17/25	Record 6/16/25	Record 9/16/25	Record 12/17/25		Annual
Dividend Dates	Pmt 3/31/25	Pmt 6/30/25	Pmt 9/30/25	Pmt 12/31/25	Totals	Total
Total Distribution per Share	$ 1.046875	$ 1.046875	$ 1.046875	$ 1.046875	$ 4.187500
Taxable Ordinary Dividends	$ 1.046875	$ 1.046875	$ 1.046875	$ 1.046875	$ 4.187500	100.0 %
Qualified Dividends	$ 0.113993	$ 0.113993	$ 0.113993	$ 0.113993	$ 0.455972
(included in
Taxable Ordinary Dividends)
Total Capital Gain Distribution (1)	$                  -	$                  -	$                  -	$                    -	$             -	0.0 %
Unrecaptured Sec. 1250 Gain	$                  -	$                  -	$                  -	$                    -	$             -
(included in
Total Capital Gain Distribution)
Nondividend Distributions	$                  -	$                  -	$                  -	$                    -	$             -
Section 199A Dividends (2)	$ 0.932882	$ 0.932882	$ 0.932882	$ 0.932882	$ 3.731528
Section 897 Capital Gain	$                  -	$                  -	$                  -	$                    -	$             -

                                                                                                                                                                                                                                         

(1)	Pursuant to Treas. Reg. §1.1061-6(c), the Company reports that for purposes of Section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of "applicable partnership interests."
(2)	Under Section 199A, REIT dividends are eligible for a 20% deduction when received by eligible taxpayers.

Please consult your tax advisor for proper tax treatment of the dividend distribution.

THIS INFORMATION REPRESENTS (check one):

X		FINAL INCOME ALLOCATIONS
		ESTIMATED INCOME ALLOCATIONS

About Simon
Simon^® 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.

 

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SOURCE Simon

FAQ

What is the 2025 annual distribution per share for Simon Property Group common stock (SPG)?

The 2025 annual total distribution per share for common stock is $8.55.

How much of SPG's 2025 common-stock distributions are eligible for the Section 199A deduction?

Section 199A dividends for common stock total $7.619002 for 2025.

What are the 2025 annual distributions for Simon Property Group 8.375% Series J preferred (SPGPrJ)?

The 2025 annual total distribution per Series J preferred share is $4.1875.

Did Simon report any capital gain or nondividend distributions for 2025?

No; the report shows no capital gain distributions and no nondividend distributions for 2025.

Are the 2025 income allocations for Simon Property Group final or estimated?

The document is marked as final income allocations for 2025.