ADAMN vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. ADAMN offers the higher yield at 8.73%, ADAMN has the higher dividend-safety score, and ADAMN looks like the better value (its fair-value estimate is 62% above its share price).
Key facts: ADAMN vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Adamas Trust, Inc. (ADAMN) has the higher forward dividend yield at 8.73%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades ADAMN's dividend safety B (73/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, ADAMN has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, ADAMN's fair-value estimate is 62% above its share price and SPG's fair-value estimate is 33% below its share price, so ADAMN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ADAMN vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/adamn-vs-spg
| Metric | ADAMN | SPG |
|---|---|---|
| Forward yield | 8.73% | 4.33% |
| Annual dividend | $2.00 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -10% | 34% |
| Dividend safety score | 73 (B) | 63 (C) |
| Fair value estimate | $37.04 | $137.69 |
| Upside to fair value | +62% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | — | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
ADAMN
8.73%
Safer dividend
ADAMN
Grade B
Faster growth
SPG
10.5%
Better value
ADAMN
+62% upside
ADAMN vs SPG — FAQ
Is ADAMN or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 3). ADAMN offers the higher yield (8.73%), while ADAMN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ADAMN or SPG?
ADAMN has the higher forward dividend yield at 8.73%, versus 4.33% for SPG.
Is ADAMN or SPG safer?
ADAMN has the higher dividend-safety score (73/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is ADAMN or SPG better value right now?
As of Oct 18, 2026, ADAMN looks like the better value: its fair-value estimate is 62% above its share price (undervalued). For SPG, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.

