1 REIT Just Delivered a Huge Earnings Beat

1 REIT Just Delivered a Huge Earnings Beat

Three months ago, Simon Property Group (NYSE: SPG) reported solid first-quarter results, demonstrating that the COVID-19 pandemic hadn't crushed high-quality malls. The accelerating recovery makes Simon Property Group a promising turnaround investment -- not to mention a great dividend stock. Simon Property Group's portfolio net operating income (NOI) surged 32.5% year over year in the second quarter.