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
| Metric | COLD | SPG |
|---|---|---|
| Forward yield | 6.66% | 4.33% |
| Annual dividend | $0.92 | $8.90 |
| Payout ratio | 4400% | 62% |
| Years of growth | 1 yr | 5 yr |
| 5-yr dividend growth | 1.8% | 10.5% |
| 5-yr total return | -58% | 34% |
| Dividend safety score | 66 (B) | 63 (C) |
| Fair value estimate | $22.11 | $137.69 |
| Upside to fair value | +60% | -33% |
| Frequency | quarterly | quarterly |
| 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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


