SmarterDividends

MITT-PA vs SPG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. MITT-PA offers the higher yield at 11.05%, MITT-PA has the higher dividend-safety score, and MITT-PA looks like the better value (its fair-value estimate is 76% above its share price).

Key facts: MITT-PA vs SPG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, TPG Mortgage Investment Trust, Inc. (MITT-PA) has the higher forward dividend yield at 11.05%, versus 4.18% for Simon Property Group, Inc. (SPG).
  • As of Oct 27, 2026, SmarterDividends grades MITT-PA's dividend safety B (71/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Oct 27, 2026, MITT-PA has raised its dividend for 0 consecutive years and SPG for 5.
  • As of Oct 27, 2026, MITT-PA's fair-value estimate is 76% above its share price and SPG's fair-value estimate is 36% below its share price, so MITT-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MITT-PA vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/mitt-pa-vs-spg

MetricMITT-PASPG
Forward yield11.05%4.18%
Annual dividend$2.06$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth-12.9%10.5%
5-yr total return-27%38%
Dividend safety score71 (B)63 (C)
Fair value estimate$32.93$136.51
Upside to fair value+76%-36%
Frequencyquarterlyquarterly
Market cap—$80.7B
P/E ratio11.915.0

Higher yield

MITT-PA

11.05%

Safer dividend

MITT-PA

Grade B

Faster growth

SPG

10.5%

Better value

MITT-PA

+76% upside

MITT-PA vs SPG — FAQ

Is MITT-PA or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (4 vs 3). MITT-PA offers the higher yield (11.05%), while MITT-PA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, MITT-PA or SPG?

MITT-PA has the higher forward dividend yield at 11.05%, versus 4.18% for SPG.

Is MITT-PA or SPG safer?

MITT-PA has the higher dividend-safety score (71/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is MITT-PA or SPG better value right now?

As of Oct 27, 2026, MITT-PA looks like the better value: its fair-value estimate is 76% above its share price (undervalued). For SPG, its fair-value estimate is 36% below its share price.

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