This morning, the Simon Property Group (NYSE:SPG) declared its quarterly dividend of $1.25 per share, an increase of about 4% over the previous dividend. Based on the current stock price, investors can expect a yield of about 3.2% going forward. Shares of SPG were higher on Friday, gaining 1.3% so far.
In other dividend news, Costco (NASDAQ:COST) maintained its quarterly dividend of 31 cents per share. Charles Schwab (NYSE:SCHW) maintained its quarterly dividend of 6 cents per share. Motorola Solutions (NYSE:MSI) maintained its quarterly dividend of 31 cents per share. And Southwest Airlines (NYSE:LUV) maintained its quarterly dividend of 4 cents per share.
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