AGNCL 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 3 of 5 head-to-head metrics. AGNCL offers the higher yield at 7.73%, SPG has the higher dividend-safety score, and AGNCL looks like the better value (its fair-value estimate is 9% below its share price).
Key facts: AGNCL vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, AGNC Investment Corp. (AGNCL) has the higher forward dividend yield at 7.73%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades AGNCL's dividend safety C (62/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, AGNCL has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, AGNCL's fair-value estimate is 9% below its share price and SPG's fair-value estimate is 33% below its share price, so AGNCL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AGNCL vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/agncl-vs-spg
| Metric | AGNCL | SPG |
|---|---|---|
| Forward yield | 7.73% | 4.33% |
| Annual dividend | $1.94 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 34% |
| Dividend safety score | 62 (C) | 63 (C) |
| Fair value estimate | $22.86 | $137.69 |
| Upside to fair value | -9% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | — | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
AGNCL
7.73%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
AGNCL
-9% upside
AGNCL vs SPG — FAQ
Is AGNCL or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (3 vs 2). AGNCL offers the higher yield (7.73%), while SPG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AGNCL or SPG?
AGNCL has the higher forward dividend yield at 7.73%, versus 4.33% for SPG.
Is AGNCL or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is AGNCL or SPG better value right now?
As of Oct 18, 2026, AGNCL looks like the better value: its fair-value estimate is 9% below its share price (fairly valued). 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.


