SmarterDividends

GPMT-PA vs SPG: Which Is the Better Dividend Stock?

As of August 2026, GPMT-PA and SPG are closely matched. GPMT-PA offers the higher yield at 10.05%, GPMT-PA has the higher dividend-safety score, and GPMT-PA trades at the larger discount to fair value (-10%).

MetricGPMT-PASPG
Forward yield10.05%4.08%
Annual dividend$1.75$8.90
Payout ratio62%
Years of growth0 yr5 yr
5-yr dividend growth10.5%
5-yr total return-30%68%
Dividend safety score64 (C)61 (C)
Fair value estimate$15.65$151.83
Upside to fair value-10%-30%
Frequencyquarterlyquarterly
Market cap$83.8B
P/E ratio25.815.4

Higher yield

GPMT-PA

10.05%

Safer dividend

GPMT-PA

Grade C

Faster growth

SPG

10.5%

Better value

GPMT-PA

-10% upside

GPMT-PA vs SPG — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.