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Here's How Simon Property Group Can Afford Its 6.5% Dividend Yield

TheMotleyFool

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Here's How Simon Property Group Can Afford Its 6.5% Dividend Yield: https://g.foolcdn.com/editorial/images/738717/shopping-mall-interior.jpg

Real estate investment trusts (REITs) have struggled over the past year as rising interest rates have soured investor sentiment on the real estate market. Since REITs generally have high dividend yields, they often move up and down with changes in interest rates. As fears are spreading over commercial real estate, some REITs have struggled as investors fear dividend cuts.

Simon Property Group (NYSE: SPG) is a high-yielding REIT. Is the dividend safe?

Image source: Getty Images.

Source Fool.com

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