BPYPP 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. BPYPP offers the higher yield at 11.36%, BPYPP has the higher dividend-safety score, and BPYPP looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: BPYPP vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, Brookfield Property Partners L.P. (BPYPP) has the higher forward dividend yield at 11.36%, versus 4.09% for Simon Property Group, Inc. (SPG).
- As of Oct 31, 2026, SmarterDividends grades BPYPP's dividend safety B (78/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 31, 2026, BPYPP has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 31, 2026, BPYPP's fair-value estimate is 49% above its share price and SPG's fair-value estimate is 37% below its share price, so BPYPP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BPYPP vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/bpypp-vs-spg
| Metric | BPYPP | SPG |
|---|---|---|
| Forward yield | 11.36% | 4.09% |
| Annual dividend | $1.63 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -43% | 42% |
| Dividend safety score | 78 (B) | 63 (C) |
| Fair value estimate | $21.33 | $136.51 |
| Upside to fair value | +49% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | $82.7B |
| P/E ratio | 6.5 | 15.4 |
Higher yield
BPYPP
11.36%
Safer dividend
BPYPP
Grade B
Faster growth
SPG
10.5%
Better value
BPYPP
+49% upside
BPYPP vs SPG — FAQ
Is BPYPP or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 3). BPYPP offers the higher yield (11.36%), while BPYPP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BPYPP or SPG?
BPYPP has the higher forward dividend yield at 11.36%, versus 4.09% for SPG.
Is BPYPP or SPG safer?
BPYPP has the higher dividend-safety score (78/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is BPYPP or SPG better value right now?
As of Oct 31, 2026, BPYPP looks like the better value: its fair-value estimate is 49% 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.