PSTL vs SPG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PSTL and SPG are closely matched. PSTL offers the higher yield at 4.46%, PSTL has the higher dividend-safety score, and PSTL looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: PSTL vs SPG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Postal Realty Trust, Inc. (PSTL) has the higher forward dividend yield at 4.46%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades PSTL's dividend safety B (72/100) and SPG's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, PSTL has raised its dividend for 6 consecutive years and SPG for 5.
- As of Oct 18, 2026, PSTL pays out 181% of its earnings as dividends and SPG pays out 62%.
- As of Oct 18, 2026, PSTL's fair-value estimate is 16% above its share price and SPG's fair-value estimate is 33% below its share price, so PSTL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PSTL vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/pstl-vs-spg
| Metric | PSTL | SPG |
|---|---|---|
| Forward yield | 4.46% | 4.33% |
| Annual dividend | $0.98 | $8.90 |
| Payout ratio | 181% | 62% |
| Years of growth | 6 yr | 5 yr |
| 5-yr dividend growth | 4.2% | 10.5% |
| 5-yr total return | 27% | 34% |
| Dividend safety score | 72 (B) | 63 (C) |
| Fair value estimate | $25.60 | $137.69 |
| Upside to fair value | +16% | -33% |
| Frequency | quarterly | quarterly |
| Market cap | $875.2M | $78.0B |
| P/E ratio | 40.7 | 14.5 |
Higher yield
PSTL
4.46%
Safer dividend
PSTL
Grade B
Faster growth
SPG
10.5%
Better value
PSTL
+16% upside
PSTL vs SPG — FAQ
Is PSTL or SPG a better dividend stock?
PSTL and SPG are closely matched. PSTL has the higher yield; PSTL scores better on safety.
Which has a higher dividend yield, PSTL or SPG?
PSTL has the higher forward dividend yield at 4.46%, versus 4.33% for SPG.
Is PSTL or SPG safer?
PSTL has the higher dividend-safety score (72/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is PSTL or SPG better value right now?
As of Oct 18, 2026, PSTL looks like the better value: its fair-value estimate is 16% 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.