E Daily Stock Pick: Simon Property Group

A portfolio of stocks I've been building since September 3 is named Volio Folio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fifth of five real estate stocks striving to be picked to join the Volio folio. This could be the tenth pick for Volio!

That real estate sector includes nine industries all related to real property ownership. Like: general real estate; Real Estate Services; and seven varieties of real estate investment trusts, or REITs.

My subject today is a large-cap retail real estate investment trust, Simon Property Group Inc. Their trading ticker symbol is SPG. This is my first report on Simon Property Group Inc (SPG).

Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 107 traditional malls, 68 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), four lifestyle centers, and 14 other retail properties.

Simon's portfolio averaged $646 in sales per square foot over the past 12 months. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 27 premium outlets across 11 countries.

Simon Property Group Inc. was founded in 1995 and is based in Indianapolis, Indiana.

I use three key data points to gauge dividend-paying equities or funds like Simon Property Group Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

SPG Price

Simon's price per share closed at $155.97 yesterday. A year ago its price was $187.27. In the past year, its price fell $31.30 or 16.7%.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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