Simon Property Group Announces Reporting Information For 2023 Distributions

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Jan 16, 2024, 11:30 ET

INDIANAPOLIS, Jan. 16, 2024 /PRNewswire/ -- Simon^®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced 2023 year-end tax reporting information.

Simon Property Group, Inc. Common Stock CUSIP 828806109 Ticker Symbol: SPG
						% of
	Record 3/10/23	Record 6/9/23	Record 9/8/23	Record 12/8/23		Annual
Dividend Dates	Pmt 3/31/23	Pmt 6/30/23	Pmt 9/29/23	Pmt 12/29/23	Totals	Total
Total Distribution per Share	$ 1.800000	$ 1.850000	$ 1.900000	$ 1.900000	$ 7.450000
Taxable Ordinary Dividends	$ 1.794560	$ 1.844409	$ 1.894258	$ 1.894258	$ 7.427485	99.7 %

Qualified Dividends	$ 0.102747	$ 0.105601	$ 0.108455	$ 0.108455	$ 0.425258
(included in
Taxable Ordinary Dividends)

Total Capital Gain Distribution (1)	$ 0.005440	$ 0.005591	$ 0.005742	$ 0.005742	$ 0.022515	0.3 %

Unrecaptured Sec. 1250 Gain	$ 0.005440	$ 0.005591	$ 0.005742	$ 0.005742	$ 0.022515
(included in
Total Capital Gain Distribution)

Nondividend Distributions	$ -	$ -	$ -	$ -	$ -

Section 199A Dividends (2)	$ 1.691813	$ 1.738808	$ 1.785803	$ 1.785803	$ 7.002227

Section 897 Capital Gain	$ 0.005440	$ 0.005591	$ 0.005742	$ 0.005742	$ 0.022515


Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable Preferred Stock CUSIP 828806885 Ticker Symbol: SPGPrJ
						% of
	Record 3/17/23	Record 6/16/23	Record 9/15/23	Record 12/15/23		Annual
Dividend Dates	Pmt 3/31/23	Pmt 6/30/23	Pmt 9/29/23	Pmt 12/29/23	Totals	Total
Total Distribution per Share	$ 1.046875	$ 1.046875	$ 1.046875	$ 1.046875	$ 4.187500
Taxable Ordinary Dividends	$ 1.043711	$ 1.043711	$ 1.043711	$ 1.043711	$ 4.174844	99.7 %

Qualified Dividends	$ 0.059757	$ 0.059757	$ 0.059757	$ 0.059757	$ 0.239028
(included in
Taxable Ordinary Dividends)

Total Capital Gain Distribution (1)	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.012656	0.3 %

Unrecaptured Sec. 1250 Gain	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.012656
(included in
Total Capital Gain Distribution)

Nondividend Distributions	$ -	$ -	$ -	$ -	$ -

Section 199A Dividends (2)	$ 0.983954	$ 0.983954	$ 0.983954	$ 0.983954	$ 3.935816

Section 897 Capital Gain	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.003164	$ 0.012656


(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.

SOURCE Simon