SmarterDividends

INVH vs SPG: Which Is the Better Dividend Stock?

As of July 2026, INVH and SPG are closely matched. INVH offers the higher yield at 3.98%, INVH has the higher dividend-safety score, and SPG trades at the larger discount to fair value (-34%).

MetricINVHSPG
Forward yield3.98%3.85%
Annual dividend$1.20$8.80
Payout ratio124%60%
Years of growth8 yr5 yr
5-yr dividend growth14.3%10.5%
5-yr total return-27%70%
Dividend safety score70 (B)61 (C)
Fair value estimate$16.75$150.64
Upside to fair value-44%-34%
Frequencyquarterlyquarterly
Market cap$17.9B$86.7B
P/E ratio31.715.9

Higher yield

INVH

3.98%

Safer dividend

INVH

Grade B

Faster growth

INVH

14.3%

Better value

SPG

-34% upside

INVH vs SPG — FAQ

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