Simon Property Group's Series J Preferred Stock Shares Cross 7% Yield Mark
In trading on Monday, shares of Simon Property Group, Inc.'s 8 3/8% Series J Cumulative Redeemable Preferred Stock (Symbol: SPG.PRJ) were yielding above the 7% mark based on its quarterly dividend (annualized to $4.1875), with shares changing hands as low as $59.13 on the day.
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