CPTP 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 7 of 8 head-to-head metrics. SPG offers the higher yield at 4.33%, CPTP has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 33% below its share price).
Key facts: CPTP vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 4.33%, versus 2.32% for Capital Properties, Inc. (CPTP).
- As of Oct 18, 2026, SmarterDividends grades CPTP's dividend safety A (89/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, CPTP has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, CPTP pays out 78% of its earnings as dividends and SPG pays out 62%.
- As of Oct 18, 2026, CPTP's fair-value estimate is 63% below its share price and SPG's fair-value estimate is 33% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CPTP vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cptp-vs-spg
| Metric | CPTP | SPG |
|---|---|---|
| Forward yield | 2.32% | 4.33% |
| Annual dividend | $0.34 | $8.90 |
| Payout ratio | 78% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | 17% | 34% |
| Dividend safety score | 89 (A) | 63 (C) |
| Fair value estimate | $5.47 | $137.69 |
| Upside to fair value | -63% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $96.9M | $78.0B |
| P/E ratio | 35.8 | 14.5 |
Higher yield
SPG
4.33%
Safer dividend
CPTP
Grade A
Faster growth
SPG
10.5%
Better value
SPG
-33% upside
CPTP vs SPG — FAQ
Is CPTP or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (7 vs 1). SPG offers the higher yield (4.33%), while CPTP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CPTP or SPG?
SPG has the higher forward dividend yield at 4.33%, versus 2.32% for CPTP.
Is CPTP or SPG safer?
CPTP has the higher dividend-safety score (89/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is CPTP or SPG better value right now?
As of Oct 18, 2026, SPG looks like the better value: its fair-value estimate is 33% below its share price (overvalued). For CPTP, its fair-value estimate is 63% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


