EQIX vs SPG: Which Is the Better Dividend Stock?
As of Sep 29, 2026, EQIX and SPG are closely matched. SPG offers the higher yield at 4.35%, EQIX has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 37% below its share price).
Key facts: EQIX vs SPG
Data as of · Source: SmarterDividends data
- As of Sep 29, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 4.35%, versus 2.05% for Equinix, Inc. (EQIX).
- As of Sep 29, 2026, SmarterDividends grades EQIX's dividend safety B (76/100) and SPG's C (63/100).
- By SmarterDividends' count as of Sep 29, 2026, EQIX has raised its dividend for 10 consecutive years and SPG for 5.
- As of Sep 29, 2026, EQIX pays out 127% of its earnings as dividends and SPG pays out 62%.
- As of Sep 29, 2026, EQIX's fair-value estimate is 53% below its share price and SPG's fair-value estimate is 37% 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 Sep 29, 2026, https://smarterdividends.com/compare/eqix-vs-spg
| Metric | EQIX | SPG |
|---|---|---|
| Forward yield | 2.05% | 4.35% |
| Annual dividend | $20.64 | $8.90 |
| Payout ratio | 127% | 62% |
| Years of growth | 10 yr | 5 yr |
| 5-yr dividend growth | 12.0% | 10.5% |
| 5-yr total return | 20% | 40% |
| Dividend safety score | 76 (B) | 63 (C) |
| Fair value estimate | $472.36 | $128.47 |
| Upside to fair value | -53% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | $99.8B | $77.6B |
| P/E ratio | 64.9 | 14.5 |
Higher yield
SPG
4.35%
Safer dividend
EQIX
Grade B
Faster growth
EQIX
12.0%
Better value
SPG
-37% 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 4.35%, versus 2.05% 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 Sep 29, 2026, SPG looks like the better value: its fair-value estimate is 37% below its share price (overvalued). For EQIX, its fair-value estimate is 53% below its share price.
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