NHPBP vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NHPBP (National Healthcare Properties Inc) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. NHPBP offers the higher yield at 7.00%, NHPBP has the higher dividend-safety score, and NHPBP looks like the better value (its fair-value estimate is 60% above its share price).
Key facts: NHPBP vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, National Healthcare Properties Inc (NHPBP) has the higher forward dividend yield at 7.00%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades NHPBP's dividend safety B (71/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, NHPBP has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 18, 2026, NHPBP's fair-value estimate is 60% above its share price and SPG's fair-value estimate is 33% below its share price, so NHPBP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NHPBP vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nhpbp-vs-spg
| Metric | NHPBP | SPG |
|---|---|---|
| Forward yield | 7.00% | 4.33% |
| Annual dividend | $1.78 | $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 | 71 (B) | 63 (C) |
| Fair value estimate | $40.77 | $137.69 |
| Upside to fair value | +60% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | — | $78.0B |
| P/E ratio | — | 14.5 |
Higher yield
NHPBP
7.00%
Safer dividend
NHPBP
Grade B
Faster growth
SPG
10.5%
Better value
NHPBP
+60% upside
NHPBP vs SPG — FAQ
Is NHPBP or SPG a better dividend stock?
On the data, NHPBP wins more head-to-head categories (3 vs 2). NHPBP offers the higher yield (7.00%), while NHPBP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NHPBP or SPG?
NHPBP has the higher forward dividend yield at 7.00%, versus 4.33% for SPG.
Is NHPBP or SPG safer?
NHPBP has the higher dividend-safety score (71/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is NHPBP or SPG better value right now?
As of Oct 18, 2026, NHPBP looks like the better value: its fair-value estimate is 60% above its share price (undervalued). 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.

