GTY vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, GTY and SPG are closely matched. GTY offers the higher yield at 6.84%, GTY has the higher dividend-safety score, and GTY looks like the better value (its fair-value estimate is 95% above its share price).
Key facts: GTY vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Getty Realty Corp. (GTY) has the higher forward dividend yield at 6.84%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades GTY's dividend safety B (74/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, GTY has raised its dividend for 11 consecutive years and SPG for 5.
- As of Oct 18, 2026, GTY pays out 117% of its earnings as dividends and SPG pays out 62%.
- As of Oct 18, 2026, GTY's fair-value estimate is 95% above its share price and SPG's fair-value estimate is 33% below its share price, so GTY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GTY vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gty-vs-spg
| Metric | GTY | SPG |
|---|---|---|
| Forward yield | 6.84% | 4.33% |
| Annual dividend | $1.94 | $8.90 |
| Payout ratio | 117% | 62% |
| Years of growth | 11 yr | 5 yr |
| 5-yr dividend growth | 4.8% | 10.5% |
| 5-yr total return | -7% | 34% |
| Dividend safety score | 74 (B) | 63 (C) |
| Fair value estimate | $55.29 | $137.69 |
| Upside to fair value | +95% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $1.8B | $78.0B |
| P/E ratio | 17.2 | 14.5 |
Higher yield
GTY
6.84%
Safer dividend
GTY
Grade B
Faster growth
SPG
10.5%
Better value
GTY
+95% upside
GTY vs SPG — FAQ
Is GTY or SPG a better dividend stock?
GTY and SPG are closely matched. GTY has the higher yield; GTY scores better on safety.
Which has a higher dividend yield, GTY or SPG?
GTY has the higher forward dividend yield at 6.84%, versus 4.33% for SPG.
Is GTY or SPG safer?
GTY has the higher dividend-safety score (74/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is GTY or SPG better value right now?
As of Oct 18, 2026, GTY looks like the better value: its fair-value estimate is 95% above its share price (undervalued). For SPG, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.