Royal Bank of Canada vs Simon Property Group Inc — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Simon Property Group Inc trades at $227 (market cap $74.00B). The key difference: Royal Bank of Canada is far larger — about 3.9× Simon Property Group Inc's market cap, and Simon Property Group Inc pays the higher dividend (3.86%). Which is the better fit depends on your goals.
| RY | SPG | |
|---|---|---|
Market Cap | $289.51B | $74.00B |
Sector | Financials | Real Estate |
52-Week High | $217.87 | $228.70 |
52-Week Low | $128.46 | $160.68 |
Dividend Yield | 2.42% | 3.86% |
Enterprise Value | — | $102.48B |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →