AHRT 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 6 of 8 head-to-head metrics. AHRT offers the higher yield at 9.38%, SPG has the higher dividend-safety score, and AHRT looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: AHRT vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, AH REALTY TRUST INC (AHRT) has the higher forward dividend yield at 9.38%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades AHRT's dividend safety D (44/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, AHRT has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, AHRT's fair-value estimate is 48% above its share price and SPG's fair-value estimate is 33% below its share price, so AHRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AHRT vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ahrt-vs-spg
| Metric | AHRT | SPG |
|---|---|---|
| Forward yield | 9.38% | 4.33% |
| Annual dividend | $0.56 | $8.90 |
| Payout ratio | 6250% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 4.9% | 10.5% |
| 5-yr total return | -57% | 34% |
| Dividend safety score | 44 (D) | 63 (C) |
| Fair value estimate | $8.85 | $137.69 |
| Upside to fair value | +48% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $572.6M | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
AHRT
9.38%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
AHRT
+48% upside
AHRT vs SPG — FAQ
Is AHRT or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (6 vs 2). AHRT offers the higher yield (9.38%), 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, AHRT or SPG?
AHRT has the higher forward dividend yield at 9.38%, versus 4.33% for SPG.
Is AHRT or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.
Is AHRT or SPG better value right now?
As of Oct 18, 2026, AHRT looks like the better value: its fair-value estimate is 48% 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.

