SmarterDividends

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

MetricPEB-PESPG
Forward yield8.07%4.35%
Annual dividend$1.59$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth0.0%10.5%
5-yr total return-22%40%
Dividend safety score79 (B)63 (C)
Fair value estimate$16.68$128.47
Upside to fair value-15%-37%
Frequencyquarterlyquarterly
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.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.