EQIX vs SPG: Which Is the Better Dividend Stock?
As of Nov 14, 2026, EQIX and SPG are closely matched. SPG offers the higher yield at 3.94%, EQIX has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 27% below its share price).
Key facts: EQIX vs SPG
Data as of · Source: SmarterDividends data
- As of Nov 14, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 3.94%, versus 1.96% for Equinix, Inc. (EQIX).
- As of Nov 14, 2026, SmarterDividends grades EQIX's dividend safety B (76/100) and SPG's C (63/100).
- By SmarterDividends' count as of Nov 14, 2026, EQIX has raised its dividend for 10 consecutive years and SPG for 5.
- As of Nov 14, 2026, EQIX pays out 121% of its earnings as dividends and SPG pays out 64%.
- As of Nov 14, 2026, EQIX's fair-value estimate is 54% below its share price and SPG's fair-value estimate is 27% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EQIX vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 14, 2026, https://smarterdividends.com/compare/eqix-vs-spg
| Metric | EQIX | SPG |
|---|---|---|
| Forward yield | 1.96% | 3.94% |
| Annual dividend | $20.64 | $9.20 |
| Payout ratio | 121% | 64% |
| Years of growth | 10 yr | 5 yr |
| 5-yr dividend growth | 12.0% | 10.5% |
| 5-yr total return | 30% | 52% |
| Dividend safety score | 76 (B) | 63 (C) |
| Fair value estimate | $485.69 | $169.53 |
| Upside to fair value | -54% | -27% |
| Frequency | quarterly | quarterly |
| Market cap | $104.3B | $88.2B |
| P/E ratio | 63.3 | 16.9 |
Higher yield
SPG
3.94%
Safer dividend
EQIX
Grade B
Faster growth
EQIX
12.0%
Better value
SPG
-27% upside
EQIX vs SPG — FAQ
Is EQIX or SPG a better dividend stock?
EQIX and SPG are closely matched. SPG has the higher yield; EQIX scores better on safety.
Which has a higher dividend yield, EQIX or SPG?
SPG has the higher forward dividend yield at 3.94%, versus 1.96% for EQIX.
Is EQIX or SPG safer?
EQIX has the higher dividend-safety score (76/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is EQIX or SPG better value right now?
As of Nov 14, 2026, SPG looks like the better value: its fair-value estimate is 27% below its share price (overvalued). For EQIX, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.