LAMR vs SPG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LAMR offers the higher yield at 4.16%, SPG has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 40% below its share price).
Key facts: LAMR vs SPG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Lamar Advertising Company (LAMR) has the higher forward dividend yield at 4.16%, versus 3.90% for Simon Property Group, Inc. (SPG).
- As of Nov 5, 2026, SmarterDividends grades LAMR's dividend safety C (53/100) and SPG's C (63/100).
- By SmarterDividends' count as of Nov 5, 2026, LAMR has raised its dividend for 2 consecutive years and SPG for 5.
- As of Nov 5, 2026, LAMR pays out 115% of its earnings as dividends and SPG pays out 62%.
- As of Nov 5, 2026, LAMR's fair-value estimate is 49% below its share price and SPG's fair-value estimate is 40% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LAMR vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/lamr-vs-spg
| Metric | LAMR | SPG |
|---|---|---|
| Forward yield | 4.16% | 3.90% |
| Annual dividend | $6.60 | $8.90 |
| Payout ratio | 115% | 62% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | 26.4% | 10.5% |
| 5-yr total return | 44% | 42% |
| Dividend safety score | 53 (C) | 63 (C) |
| Fair value estimate | $80.28 | $136.51 |
| Upside to fair value | -49% | -40% |
| Frequency | quarterly | quarterly |
| Market cap | $16.1B | $86.6B |
| P/E ratio | 28.9 | 16.1 |
Higher yield
LAMR
4.16%
Safer dividend
SPG
Grade C
Faster growth
LAMR
26.4%
Better value
SPG
-40% upside
LAMR vs SPG — FAQ
Is LAMR or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). LAMR offers the higher yield (4.16%), while SPG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LAMR or SPG?
LAMR has the higher forward dividend yield at 4.16%, versus 3.90% for SPG.
Is LAMR or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is LAMR or SPG better value right now?
As of Nov 5, 2026, SPG looks like the better value: its fair-value estimate is 40% below its share price (overvalued). For LAMR, its fair-value estimate is 49% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.