12 Best NYSE Stocks to Buy for Dividends

8. Simon Property Group, Inc. (NYSE:SPG)

Number of Hedge Fund Holders: 48

Dividend Yield as of June 28: 3.88%

Simon Property Group, Inc. (NYSE:SPG) is a global leader in the ownership of premier shopping, dining, entertainment, and mixed-use destinations and an S&P 100 company.

On June 25, Barclays analyst Richard Hightower slightly bumped up the firm’s price estimate on Simon Property Group, Inc. (NYSE:SPG) from $212 to $213, while keeping an ‘Equal Weight’ rating on the shares. The target boost, which still indicates a downside of 6% from the current levels, comes as part of the analyst firm’s Q2 earnings preview for REITs.

Meanwhile, earlier on June 18, Scotiabank instead raised its price target on Simon Property Group, Inc. (NYSE:SPG) by $14 and reaffirmed its ‘Sector Perform’ rating on the shares (read more details here).

Following a first quarter that marked “very good start to 2026”, Simon Property Group, Inc. (NYSE:SPG) raised its full-year 2026 real estate FFO guidance to a range of $13.10 to $13.25 per share, up from its previous forecast of $13 to $13.25 per share.