SmarterDividends

BSRT vs SPG: Which Is the Better Dividend Stock?

As of Nov 5, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BSRT offers the higher yield at 5.37%, SPG has the higher dividend-safety score, and BSRT looks like the better value (its fair-value estimate is 11% below its share price).

Key facts: BSRT vs SPG

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BSR Real Estate Investment Trust (BSRT) has the higher forward dividend yield at 5.37%, versus 3.90% for Simon Property Group, Inc. (SPG).
  • As of Nov 5, 2026, SmarterDividends grades BSRT's dividend safety C (61/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Nov 5, 2026, BSRT has raised its dividend for 4 consecutive years and SPG for 5.
  • As of Nov 5, 2026, BSRT pays out 99% of its earnings as dividends and SPG pays out 62%.
  • As of Nov 5, 2026, BSRT's fair-value estimate is 11% below its share price and SPG's fair-value estimate is 40% below its share price, so BSRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BSRT vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bsrt-vs-spg

MetricBSRTSPG
Forward yield5.37%3.90%
Annual dividend$0.56$8.90
Payout ratio99%62%
Years of growth4 yr5 yr
5-yr dividend growth2.3%10.5%
5-yr total return-38%42%
Dividend safety score61 (C)63 (C)
Fair value estimate$9.19$136.51
Upside to fair value-11%-40%
Frequencymonthlyquarterly
Market cap—$86.6B
P/E ratio18.216.1

Higher yield

BSRT

5.37%

Safer dividend

SPG

Grade C

Faster growth

SPG

10.5%

Better value

BSRT

-11% upside

BSRT vs SPG — FAQ

Is BSRT or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (6 vs 2). BSRT offers the higher yield (5.37%), 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, BSRT or SPG?

BSRT has the higher forward dividend yield at 5.37%, versus 3.90% for SPG.

Is BSRT or SPG safer?

SPG has the higher dividend-safety score (63/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.

Is BSRT or SPG better value right now?

As of Nov 5, 2026, BSRT looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). For SPG, its fair-value estimate is 40% below its share price.

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