OLP vs SPG: Which Is the Better Dividend Stock?
As of August 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. OLP offers the higher yield at 7.45%, OLP has the higher dividend-safety score, and OLP trades at the larger discount to fair value (-1%).
| Metric | OLP | SPG |
|---|---|---|
| Forward yield | 7.45% | 4.08% |
| Annual dividend | $1.80 | $8.90 |
| Payout ratio | 114% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -21% | 68% |
| Dividend safety score | 76 (B) | 61 (C) |
| Fair value estimate | $23.98 | $151.83 |
| Upside to fair value | -1% | -30% |
| Frequency | quarterly | quarterly |
| Market cap | $529.3M | $82.9B |
| P/E ratio | 15.3 | 15.4 |
Higher yield
OLP
7.45%
Safer dividend
OLP
Grade B
Faster growth
SPG
10.5%
Better value
OLP
-1% upside
OLP vs SPG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.