Simon Property's Series J Preferred Stock Yield Pushes Past 6.5%

In trading on Monday, shares of Simon Property Group, Inc.'s 8 3/8% Series J Cumulative Redeemable Preferred Stock (SPG. RJ) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $4.1875), with shares changing hands as low as $64.04 on the day.