SmarterDividends

LANDP vs SPG: Which Is the Better Dividend Stock?

As of Nov 5, 2026, LANDP (Gladstone Land Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. LANDP offers the higher yield at 7.85%, LANDP has the higher dividend-safety score, and LANDP looks like the better value (its fair-value estimate is 68% above its share price).

Key facts: LANDP vs SPG

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Gladstone Land Corporation (LANDP) has the higher forward dividend yield at 7.85%, versus 3.90% for Simon Property Group, Inc. (SPG).
  • As of Nov 5, 2026, SmarterDividends grades LANDP's dividend safety B (69/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Nov 5, 2026, LANDP has raised its dividend for 0 consecutive years and SPG for 5.
  • As of Nov 5, 2026, LANDP's fair-value estimate is 68% above its share price and SPG's fair-value estimate is 40% below its share price, so LANDP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "LANDP vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/landp-vs-spg

MetricLANDPSPG
Forward yield7.85%3.90%
Annual dividend$1.50$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth—10.5%
5-yr total return—42%
Dividend safety score69 (B)63 (C)
Fair value estimate$31.94$136.51
Upside to fair value+68%-40%
Frequencymonthlyquarterly
Market cap—$86.6B
P/E ratio—16.1

Higher yield

LANDP

7.85%

Safer dividend

LANDP

Grade B

Faster growth

SPG

10.5%

Better value

LANDP

+68% upside

LANDP vs SPG — FAQ

Is LANDP or SPG a better dividend stock?

On the data, LANDP wins more head-to-head categories (3 vs 2). LANDP offers the higher yield (7.85%), while LANDP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, LANDP or SPG?

LANDP has the higher forward dividend yield at 7.85%, versus 3.90% for SPG.

Is LANDP or SPG safer?

LANDP has the higher dividend-safety score (69/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is LANDP or SPG better value right now?

As of Nov 5, 2026, LANDP looks like the better value: its fair-value estimate is 68% above its share price (undervalued). For SPG, its fair-value estimate is 40% below its share price.

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