DRH vs SPG: Which Is the Better Dividend Stock?
As of Oct 1, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SPG offers the higher yield at 4.36%, SPG has the higher dividend-safety score, and DRH looks like the better value (its fair-value estimate is 18% below its share price).
Key facts: DRH vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 1, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 4.36%, versus 3.53% for DiamondRock Hospitality Company (DRH).
- As of Oct 1, 2026, SmarterDividends grades DRH's dividend safety C (53/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 1, 2026, DRH has raised its dividend for 1 consecutive years and SPG for 5.
- As of Oct 1, 2026, DRH pays out 47% of its earnings as dividends and SPG pays out 62%.
- As of Oct 1, 2026, DRH's fair-value estimate is 18% below its share price and SPG's fair-value estimate is 29% below its share price, so DRH looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DRH vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/drh-vs-spg
| Metric | DRH | SPG |
|---|---|---|
| Forward yield | 3.53% | 4.36% |
| Annual dividend | $0.44 | $8.90 |
| Payout ratio | 47% | 62% |
| Years of growth | 1 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | 38% | 40% |
| Dividend safety score | 53 (C) | 63 (C) |
| Fair value estimate | $10.17 | $141.63 |
| Upside to fair value | -18% | -29% |
| Frequency | quarterly | quarterly |
| Market cap | $2.5B | $76.2B |
| P/E ratio | 17.4 | 14.2 |
Higher yield
SPG
4.36%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
DRH
-18% upside
DRH vs SPG — FAQ
Is DRH or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 2). SPG offers the higher yield (4.36%), 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, DRH or SPG?
SPG has the higher forward dividend yield at 4.36%, versus 3.53% for DRH.
Is DRH or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is DRH or SPG better value right now?
As of Oct 1, 2026, DRH looks like the better value: its fair-value estimate is 18% below its share price (overvalued). For SPG, its fair-value estimate is 29% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.