BPYPN vs SPG: Which Is the Better Dividend Stock?
As of Oct 31, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BPYPN offers the higher yield at 10.96%, BPYPN has the higher dividend-safety score, and BPYPN looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: BPYPN vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, Brookfield Property Partners L.P. (BPYPN) has the higher forward dividend yield at 10.96%, versus 4.09% for Simon Property Group, Inc. (SPG).
- As of Oct 31, 2026, SmarterDividends grades BPYPN's dividend safety B (76/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 31, 2026, BPYPN has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 31, 2026, BPYPN's fair-value estimate is 44% above its share price and SPG's fair-value estimate is 37% below its share price, so BPYPN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BPYPN vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/bpypn-vs-spg
| Metric | BPYPN | SPG |
|---|---|---|
| Forward yield | 10.96% | 4.09% |
| Annual dividend | $1.44 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -2.9% | 10.5% |
| 5-yr total return | -45% | 42% |
| Dividend safety score | 76 (B) | 63 (C) |
| Fair value estimate | $18.84 | $136.51 |
| Upside to fair value | +44% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | $82.7B |
| P/E ratio | 6.0 | 15.4 |
Higher yield
BPYPN
10.96%
Safer dividend
BPYPN
Grade B
Faster growth
SPG
10.5%
Better value
BPYPN
+44% upside
BPYPN vs SPG — FAQ
Is BPYPN or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 3). BPYPN offers the higher yield (10.96%), while BPYPN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BPYPN or SPG?
BPYPN has the higher forward dividend yield at 10.96%, versus 4.09% for SPG.
Is BPYPN or SPG safer?
BPYPN has the higher dividend-safety score (76/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is BPYPN or SPG better value right now?
As of Oct 31, 2026, BPYPN looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For SPG, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.