KIM-PL vs SPG: Which Is the Better Dividend Stock?
As of Sep 30, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. KIM-PL offers the higher yield at 6.49%, KIM-PL has the higher dividend-safety score, and KIM-PL looks like the better value (its fair-value estimate is 12% above its share price).
Key facts: KIM-PL vs SPG
Data as of · Source: SmarterDividends data
- As of Sep 30, 2026, Kimco Realty Corporation (KIM-PL) has the higher forward dividend yield at 6.49%, versus 4.35% for Simon Property Group, Inc. (SPG).
- As of Sep 30, 2026, SmarterDividends grades KIM-PL's dividend safety B (79/100) and SPG's C (63/100).
- By SmarterDividends' count as of Sep 30, 2026, KIM-PL has raised its dividend for 0 consecutive years and SPG for 5.
- As of Sep 30, 2026, KIM-PL's fair-value estimate is 12% above its share price and SPG's fair-value estimate is 37% below its share price, so KIM-PL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KIM-PL vs SPG: Dividend Yield, Safety & Value Compared," updated Sep 30, 2026, https://smarterdividends.com/compare/kim-pl-vs-spg
| Metric | KIM-PL | SPG |
|---|---|---|
| Forward yield | 6.49% | 4.35% |
| Annual dividend | $1.28 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -24% | 40% |
| Dividend safety score | 79 (B) | 63 (C) |
| Fair value estimate | $22.24 | $128.47 |
| Upside to fair value | +12% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | $77.5B |
| P/E ratio | 12.0 | 14.4 |
Higher yield
KIM-PL
6.49%
Safer dividend
KIM-PL
Grade B
Faster growth
SPG
10.5%
Better value
KIM-PL
+12% upside
KIM-PL vs SPG — FAQ
Is KIM-PL or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 3). KIM-PL offers the higher yield (6.49%), while KIM-PL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, KIM-PL or SPG?
KIM-PL has the higher forward dividend yield at 6.49%, versus 4.35% for SPG.
Is KIM-PL or SPG safer?
KIM-PL has the higher dividend-safety score (79/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is KIM-PL or SPG better value right now?
As of Sep 30, 2026, KIM-PL looks like the better value: its fair-value estimate is 12% above its share price (fairly valued). For SPG, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.