Allan B. Hubbard, a director at Simon Property Group Inc. (NYSE: SPG ), recently acquired 381 shares of the company's common stock. The shares were purchased at a price of $168.59 each, totaling approximately $64,232. The real estate giant, currently valued at $64.7 billion, has maintained a strong market presence with an impressive InvestingPro Financial Health Score of "GREAT." This acquisition was made through the reinvestment of dividends received on restricted stock awarded to Hubbard as non-cash compensation under Simon Property Group's 2019 Stock Incentive Plan. The company boasts a notable 4.88% dividend yield and has maintained dividend payments for 31 consecutive years, according to InvestingPro data. Following this transaction, Hubbard now holds 34,682 shares of the company. For comprehensive analysis of SPG and 1,400+ other stocks, including detailed dividend history and valuation metrics, explore the Pro Research Report available on InvestingPro.