AGNCZ vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, AGNCZ and SPG are closely matched. AGNCZ offers the higher yield at 9.21%, SPG has the higher dividend-safety score, and AGNCZ looks like the better value (its fair-value estimate is 9% above its share price).
Key facts: AGNCZ vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, AGNC Investment Corp. (AGNCZ) has the higher forward dividend yield at 9.21%, versus 4.33% for Simon Property Group, Inc. (SPG).
- By SmarterDividends' count as of Oct 18, 2026, AGNCZ has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, AGNCZ's fair-value estimate is 9% above its share price and SPG's fair-value estimate is 33% below its share price, so AGNCZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AGNCZ vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/agncz-vs-spg
| Metric | AGNCZ | SPG |
|---|---|---|
| Forward yield | 9.21% | 4.33% |
| Annual dividend | $2.19 | $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 | — | 63 (C) |
| Fair value estimate | $25.81 | $137.69 |
| Upside to fair value | +9% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | — | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
AGNCZ
9.21%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
AGNCZ
+9% upside
AGNCZ vs SPG — FAQ
Is AGNCZ or SPG a better dividend stock?
AGNCZ and SPG are closely matched. AGNCZ has the higher yield; SPG scores better on safety.
Which has a higher dividend yield, AGNCZ or SPG?
AGNCZ has the higher forward dividend yield at 9.21%, versus 4.33% for SPG.
Is AGNCZ or SPG safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is AGNCZ or SPG better value right now?
As of Oct 18, 2026, AGNCZ looks like the better value: its fair-value estimate is 9% above 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.

