SmarterDividends

AGNCO 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 5 of 7 head-to-head metrics. AGNCO offers the higher yield at 9.12%, SPG has the higher dividend-safety score, and AGNCO looks like the better value (its fair-value estimate is 8% above its share price).

Key facts: AGNCO vs SPG

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, AGNC Investment Corp. (AGNCO) has the higher forward dividend yield at 9.12%, versus 4.33% for Simon Property Group, Inc. (SPG).
  • As of Oct 18, 2026, SmarterDividends grades AGNCO's dividend safety D (41/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Oct 18, 2026, AGNCO has raised its dividend for 1 consecutive years and SPG for 5.
  • As of Oct 18, 2026, AGNCO's fair-value estimate is 8% above its share price and SPG's fair-value estimate is 33% below its share price, so AGNCO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AGNCO vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/agnco-vs-spg

MetricAGNCOSPG
Forward yield9.12%4.33%
Annual dividend$2.28$8.90
Payout ratio—62%
Years of growth1 yr5 yr
5-yr dividend growth8.1%10.5%
5-yr total return-1%34%
Dividend safety score41 (D)63 (C)
Fair value estimate$26.98$137.69
Upside to fair value+8%-33%
Frequencyquarterlyquarterly
Market cap—$78.0B
P/E ratio—14.5

Higher yield

AGNCO

9.12%

Safer dividend

SPG

Grade C

Faster growth

SPG

10.5%

Better value

AGNCO

+8% upside

AGNCO vs SPG — FAQ

Is AGNCO or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (5 vs 2). AGNCO offers the higher yield (9.12%), 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, AGNCO or SPG?

AGNCO has the higher forward dividend yield at 9.12%, versus 4.33% for SPG.

Is AGNCO or SPG safer?

SPG has the higher dividend-safety score (63/100 vs 41/100), reflecting stronger payout coverage and dividend-growth history.

Is AGNCO or SPG better value right now?

As of Oct 18, 2026, AGNCO looks like the better value: its fair-value estimate is 8% above 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.