OUT vs SPG: Which Is the Better Dividend Stock?
As of Oct 29, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 8 of 8 head-to-head metrics. SPG offers the higher yield at 4.19%, SPG has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 35% below its share price).
Key facts: OUT vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Simon Property Group, Inc. (SPG) has the higher forward dividend yield at 4.19%, versus 3.88% for OUTFRONT Media Inc. (OUT).
- As of Oct 29, 2026, SmarterDividends grades OUT's dividend safety D (47/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 29, 2026, OUT has raised its dividend for 0 consecutive years and SPG for 5.
- As of Oct 29, 2026, OUT pays out 86% of its earnings as dividends and SPG pays out 62%.
- As of Oct 29, 2026, OUT's fair-value estimate is 47% below its share price and SPG's fair-value estimate is 35% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "OUT vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/out-vs-spg
| Metric | OUT | SPG |
|---|---|---|
| Forward yield | 3.88% | 4.19% |
| Annual dividend | $1.23 | $8.90 |
| Payout ratio | 86% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -5.1% | 10.5% |
| 5-yr total return | 21% | 38% |
| Dividend safety score | 47 (D) | 63 (C) |
| Fair value estimate | $16.60 | $136.51 |
| Upside to fair value | -47% | -35% |
| Frequency | quarterly | quarterly |
| Market cap | $5.5B | $80.2B |
| P/E ratio | 22.6 | 14.9 |
Higher yield
SPG
4.19%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
SPG
-35% upside
OUT vs SPG — FAQ
Is OUT or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (8 vs 0). SPG offers the higher yield (4.19%), 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, OUT or SPG?
SPG has the higher forward dividend yield at 4.19%, versus 3.88% for OUT.
Is OUT or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 47/100), reflecting stronger payout coverage and dividend-growth history.
Is OUT or SPG better value right now?
As of Oct 29, 2026, SPG looks like the better value: its fair-value estimate is 35% below its share price (overvalued). For OUT, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.