SmarterDividends

BPYPO 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. BPYPO offers the higher yield at 11.01%, BPYPO has the higher dividend-safety score, and BPYPO looks like the better value (its fair-value estimate is 45% above its share price).

Key facts: BPYPO vs SPG

Data as of · Source: SmarterDividends data

  • As of Oct 31, 2026, Brookfield Property Partners L.P. (BPYPO) has the higher forward dividend yield at 11.01%, versus 4.09% for Simon Property Group, Inc. (SPG).
  • As of Oct 31, 2026, SmarterDividends grades BPYPO's dividend safety B (76/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Oct 31, 2026, BPYPO has raised its dividend for 0 consecutive years and SPG for 5.
  • As of Oct 31, 2026, BPYPO's fair-value estimate is 45% above its share price and SPG's fair-value estimate is 37% below its share price, so BPYPO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BPYPO vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/bpypo-vs-spg

MetricBPYPOSPG
Forward yield11.01%4.09%
Annual dividend$1.59$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth0.0%10.5%
5-yr total return-43%42%
Dividend safety score76 (B)63 (C)
Fair value estimate$20.81$136.51
Upside to fair value+45%-37%
Frequencyquarterlyquarterly
Market cap—$82.7B
P/E ratio6.515.4

Higher yield

BPYPO

11.01%

Safer dividend

BPYPO

Grade B

Faster growth

SPG

10.5%

Better value

BPYPO

+45% upside

BPYPO vs SPG — FAQ

Is BPYPO or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (4 vs 3). BPYPO offers the higher yield (11.01%), while BPYPO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BPYPO or SPG?

BPYPO has the higher forward dividend yield at 11.01%, versus 4.09% for SPG.

Is BPYPO or SPG safer?

BPYPO has the higher dividend-safety score (76/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is BPYPO or SPG better value right now?

As of Oct 31, 2026, BPYPO looks like the better value: its fair-value estimate is 45% above its share price (undervalued). For SPG, its fair-value estimate is 37% below its share price.

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