KRC vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. KRC offers the higher yield at 6.20%, KRC has the higher dividend-safety score, and KRC looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: KRC vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Kilroy Realty Corporation (KRC) has the higher forward dividend yield at 6.20%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades KRC's dividend safety B (76/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, KRC has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, KRC pays out 151% of its earnings as dividends and SPG pays out 62%.
- As of Oct 18, 2026, KRC's fair-value estimate is 24% above its share price and SPG's fair-value estimate is 33% below its share price, so KRC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KRC vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/krc-vs-spg
| Metric | KRC | SPG |
|---|---|---|
| Forward yield | 6.20% | 4.33% |
| Annual dividend | $2.16 | $8.90 |
| Payout ratio | 151% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 1.9% | 10.5% |
| 5-yr total return | -46% | 34% |
| Dividend safety score | 76 (B) | 63 (C) |
| Fair value estimate | $43.16 | $137.69 |
| Upside to fair value | +24% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $4.1B | $78.0B |
| P/E ratio | 24.4 | 14.5 |
Higher yield
KRC
6.20%
Safer dividend
KRC
Grade B
Faster growth
SPG
10.5%
Better value
KRC
+24% upside
KRC vs SPG — FAQ
Is KRC or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). KRC offers the higher yield (6.20%), while KRC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, KRC or SPG?
KRC has the higher forward dividend yield at 6.20%, versus 4.33% for SPG.
Is KRC or SPG safer?
KRC has the higher dividend-safety score (76/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is KRC or SPG better value right now?
As of Oct 18, 2026, KRC looks like the better value: its fair-value estimate is 24% 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.