SmarterDividends

COLD 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 5 of 8 head-to-head metrics. COLD offers the higher yield at 6.66%, COLD has the higher dividend-safety score, and COLD looks like the better value (its fair-value estimate is 60% above its share price).

Key facts: COLD vs SPG

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Americold Realty Trust, Inc. (COLD) has the higher forward dividend yield at 6.66%, versus 4.33% for Simon Property Group, Inc. (SPG).
  • As of Oct 18, 2026, SmarterDividends grades COLD's dividend safety B (66/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Oct 18, 2026, COLD has raised its dividend for 1 consecutive years and SPG for 5.
  • As of Oct 18, 2026, COLD's fair-value estimate is 60% above its share price and SPG's fair-value estimate is 33% below its share price, so COLD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "COLD vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cold-vs-spg

MetricCOLDSPG
Forward yield6.66%4.33%
Annual dividend$0.92$8.90
Payout ratio4400%62%
Years of growth1 yr5 yr
5-yr dividend growth1.8%10.5%
5-yr total return-58%34%
Dividend safety score66 (B)63 (C)
Fair value estimate$22.11$137.69
Upside to fair value+60%-33%
Frequencyquarterlyquarterly
Market cap$4.0B$78.0B
P/E ratio—14.5

Higher yield

COLD

6.66%

Safer dividend

COLD

Grade B

Faster growth

SPG

10.5%

Better value

COLD

+60% upside

COLD vs SPG — FAQ

Is COLD or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (5 vs 3). COLD offers the higher yield (6.66%), while COLD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, COLD or SPG?

COLD has the higher forward dividend yield at 6.66%, versus 4.33% for SPG.

Is COLD or SPG safer?

COLD has the higher dividend-safety score (66/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is COLD or SPG better value right now?

As of Oct 18, 2026, COLD looks like the better value: its fair-value estimate is 60% above its share price (undervalued). For SPG, its fair-value estimate is 33% below its share price.

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