NEW YORK ( TheStreet) -- The ex-dividend date for Simon Property Group (NYSE: SPG) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 95 cents per share. At a price of $136.39 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for Simon Property Group has been 1.6 million shares per day over the past 30 days. Simon Property Group has a market cap of $39.29 billion and is part of the financial sector and real estate industry. Shares are up 6.9% year to date as of the close of trading on Thursday. Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. The company has a P/E ratio of 39.6, below the average real estate industry P/E ratio of 44.7 and above the S&P 500 P/E ratio of 17.7.
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