LAND 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 7 head-to-head metrics. LAND offers the higher yield at 6.03%, LAND has the higher dividend-safety score, and LAND looks like the better value (its fair-value estimate is 22% below its share price).
Key facts: LAND vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Gladstone Land Corporation (LAND) has the higher forward dividend yield at 6.03%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades LAND's dividend safety C (63/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, LAND has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, LAND's fair-value estimate is 22% below its share price and SPG's fair-value estimate is 33% below its share price, so LAND looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LAND vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/land-vs-spg
| Metric | LAND | SPG |
|---|---|---|
| Forward yield | 6.03% | 4.33% |
| Annual dividend | $0.56 | $8.90 |
| Payout ratio | 926% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.9% | 10.5% |
| 5-yr total return | -68% | 34% |
| Dividend safety score | 63 (C) | 63 (C) |
| Fair value estimate | $7.20 | $137.69 |
| Upside to fair value | -22% | -33% |
| Frequency | monthly | quarterly |
| Market cap | $400.3M | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
LAND
6.03%
Safer dividend
LAND
Grade C
Faster growth
SPG
10.5%
Better value
LAND
-22% upside
LAND vs SPG — FAQ
Is LAND or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 2). LAND offers the higher yield (6.03%), while LAND has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LAND or SPG?
LAND has the higher forward dividend yield at 6.03%, versus 4.33% for SPG.
Is LAND or SPG safer?
LAND has the higher dividend-safety score (63/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is LAND or SPG better value right now?
As of Oct 18, 2026, LAND looks like the better value: its fair-value estimate is 22% below its share price (overvalued). 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.