DX vs SPG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. DX offers the higher yield at 18.73%, SPG has the higher dividend-safety score.
Key facts: DX vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Dynex Capital, Inc. (DX) has the higher forward dividend yield at 18.73%, versus 4.18% for Simon Property Group, Inc. (SPG).
- As of Oct 27, 2026, SmarterDividends grades DX's dividend safety C (56/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 27, 2026, DX has raised its dividend for 2 consecutive years and SPG for 5.
- As of Oct 27, 2026, DX pays out 71% of its earnings as dividends and SPG pays out 62%.
Cite this page
SmarterDividends, "DX vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/dx-vs-spg
| Metric | DX | SPG |
|---|---|---|
| Forward yield | 18.73% | 4.18% |
| Annual dividend | $2.04 | $8.90 |
| Payout ratio | 71% | 62% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | 3.6% | 10.5% |
| 5-yr total return | -35% | 38% |
| Dividend safety score | 56 (C) | 63 (C) |
| Fair value estimate | — | $136.51 |
| Upside to fair value | — | -36% |
| Frequency | monthly | quarterly |
| Market cap | $2.7B | $80.7B |
| P/E ratio | 38.9 | 15.0 |
Higher yield
DX
18.73%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
DX vs SPG — FAQ
Is DX or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (6 vs 1). DX offers the higher yield (18.73%), 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, DX or SPG?
DX has the higher forward dividend yield at 18.73%, versus 4.18% for SPG.
Is DX or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.