NHP 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 4 of 4 head-to-head metrics. SPG offers the higher yield at 4.33%, SPG has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 33% below its share price).
Key facts: NHP vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 4.33%, versus 1.99% for National Healthcare Properties, Inc. (NHP).
- By SmarterDividends' count as of Oct 18, 2026, NHP has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, NHP's fair-value estimate is 55% below its share price and SPG's fair-value estimate is 33% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NHP vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nhp-vs-spg
| Metric | NHP | SPG |
|---|---|---|
| Forward yield | 1.99% | 4.33% |
| Annual dividend | $0.30 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 34% |
| Dividend safety score | — | 63 (C) |
| Fair value estimate | $6.87 | $137.69 |
| Upside to fair value | -55% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $1.1B | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
SPG
4.33%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
SPG
-33% upside
NHP vs SPG — FAQ
Is NHP or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 0). SPG offers the higher yield (4.33%), 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, NHP or SPG?
SPG has the higher forward dividend yield at 4.33%, versus 1.99% for NHP.
Is NHP or SPG safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is NHP or SPG better value right now?
As of Oct 18, 2026, SPG looks like the better value: its fair-value estimate is 33% below its share price (overvalued). For NHP, its fair-value estimate is 55% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.