PEB-PE vs SPG: Which Is the Better Dividend Stock?
As of Sep 29, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PEB-PE offers the higher yield at 8.07%, PEB-PE has the higher dividend-safety score, and PEB-PE looks like the better value (its fair-value estimate is 15% below its share price).
Key facts: PEB-PE vs SPG
Data as of · Source: SmarterDividends data
- As of Sep 29, 2026, Pebblebrook Hotel Trust (PEB-PE) has the higher forward dividend yield at 8.07%, versus 4.35% for Simon Property Group, Inc. (SPG).
- As of Sep 29, 2026, SmarterDividends grades PEB-PE's dividend safety B (79/100) and SPG's C (63/100).
- By SmarterDividends' count as of Sep 29, 2026, PEB-PE has raised its dividend for 0 consecutive years and SPG for 5.
- As of Sep 29, 2026, PEB-PE's fair-value estimate is 15% below its share price and SPG's fair-value estimate is 37% below its share price, so PEB-PE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PEB-PE vs SPG: Dividend Yield, Safety & Value Compared," updated Sep 29, 2026, https://smarterdividends.com/compare/peb-pe-vs-spg
| Metric | PEB-PE | SPG |
|---|---|---|
| Forward yield | 8.07% | 4.35% |
| Annual dividend | $1.59 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -22% | 40% |
| Dividend safety score | 79 (B) | 63 (C) |
| Fair value estimate | $16.68 | $128.47 |
| Upside to fair value | -15% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | $77.6B |
| P/E ratio | — | 14.5 |
Higher yield
PEB-PE
8.07%
Safer dividend
PEB-PE
Grade B
Faster growth
SPG
10.5%
Better value
PEB-PE
-15% upside
PEB-PE vs SPG — FAQ
Is PEB-PE or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 3). PEB-PE offers the higher yield (8.07%), while PEB-PE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, PEB-PE or SPG?
PEB-PE has the higher forward dividend yield at 8.07%, versus 4.35% for SPG.
Is PEB-PE or SPG safer?
PEB-PE has the higher dividend-safety score (79/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is PEB-PE or SPG better value right now?
As of Sep 29, 2026, PEB-PE looks like the better value: its fair-value estimate is 15% below its share price (overvalued). For SPG, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


