CSR vs SPG: Which Is the Better Dividend Stock?
As of Oct 19, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CSR offers the higher yield at 5.50%, CSR has the higher dividend-safety score, and CSR looks like the better value (its fair-value estimate is 11% below its share price).
Key facts: CSR vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Centerspace (CSR) has the higher forward dividend yield at 5.50%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 19, 2026, SmarterDividends grades CSR's dividend safety C (64/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 19, 2026, CSR has raised its dividend for 2 consecutive years and SPG for 5.
- As of Oct 19, 2026, CSR pays out 183% of its earnings as dividends and SPG pays out 62%.
- As of Oct 19, 2026, CSR's fair-value estimate is 11% below its share price and SPG's fair-value estimate is 33% below its share price, so CSR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CSR vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/csr-vs-spg
| Metric | CSR | SPG |
|---|---|---|
| Forward yield | 5.50% | 4.33% |
| Annual dividend | $3.08 | $8.90 |
| Payout ratio | 183% | 62% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | 1.9% | 10.5% |
| 5-yr total return | -45% | 34% |
| Dividend safety score | 64 (C) | 63 (C) |
| Fair value estimate | $49.74 | $137.69 |
| Upside to fair value | -11% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $991.8M | $78.0B |
| P/E ratio | 44.5 | 14.5 |
Higher yield
CSR
5.50%
Safer dividend
CSR
Grade C
Faster growth
SPG
10.5%
Better value
CSR
-11% upside
CSR vs SPG — FAQ
Is CSR or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). CSR offers the higher yield (5.50%), while CSR has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CSR or SPG?
CSR has the higher forward dividend yield at 5.50%, versus 4.33% for SPG.
Is CSR or SPG safer?
CSR has the higher dividend-safety score (64/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is CSR or SPG better value right now?
As of Oct 19, 2026, CSR looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). 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.