SmarterDividends

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

MetricAGNCLSPG
Forward yield7.73%4.33%
Annual dividend$1.94$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth—10.5%
5-yr total return—34%
Dividend safety score62 (C)63 (C)
Fair value estimate$22.86$137.69
Upside to fair value-9%-33%
Frequencyquarterlyquarterly
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.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.