MITT 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 5 of 8 head-to-head metrics. MITT offers the higher yield at 17.49%, SPG has the higher dividend-safety score, and MITT looks like the better value (its fair-value estimate is 180% above its share price).
Key facts: MITT vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TPG Mortgage Investment Trust, Inc. (MITT) has the higher forward dividend yield at 17.49%, versus 4.18% for Simon Property Group, Inc. (SPG).
- As of Oct 27, 2026, SmarterDividends grades MITT's dividend safety D (40/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 27, 2026, MITT has raised its dividend for 2 consecutive years and SPG for 5.
- As of Oct 27, 2026, MITT pays out 124% of its earnings as dividends and SPG pays out 62%.
- As of Oct 27, 2026, MITT's fair-value estimate is 180% above its share price and SPG's fair-value estimate is 36% below its share price, so MITT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MITT vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/mitt-vs-spg
| Metric | MITT | SPG |
|---|---|---|
| Forward yield | 17.49% | 4.18% |
| Annual dividend | $0.96 | $8.90 |
| Payout ratio | 124% | 62% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | 18.7% | 10.5% |
| 5-yr total return | -47% | 38% |
| Dividend safety score | 40 (D) | 63 (C) |
| Fair value estimate | $15.35 | $136.51 |
| Upside to fair value | +180% | -36% |
| Frequency | quarterly | quarterly |
| Market cap | $174.6M | $80.7B |
| P/E ratio | 7.2 | 15.0 |
Higher yield
MITT
17.49%
Safer dividend
SPG
Grade C
Faster growth
MITT
18.7%
Better value
MITT
+180% upside
MITT vs SPG — FAQ
Is MITT or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). MITT offers the higher yield (17.49%), 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, MITT or SPG?
MITT has the higher forward dividend yield at 17.49%, versus 4.18% for SPG.
Is MITT or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 40/100), reflecting stronger payout coverage and dividend-growth history.
Is MITT or SPG better value right now?
As of Oct 27, 2026, MITT looks like the better value: its fair-value estimate is 180% above its share price (undervalued). For SPG, its fair-value estimate is 36% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.