SmarterDividends

REGCO vs SPG: Which Is the Better Dividend Stock?

As of Oct 18, 2026, REGCO (Regency Centers Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. REGCO offers the higher yield at 6.98%, REGCO has the higher dividend-safety score, and REGCO looks like the better value (its fair-value estimate is 26% above its share price).

Key facts: REGCO vs SPG

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Regency Centers Corporation (REGCO) has the higher forward dividend yield at 6.98%, versus 4.33% for Simon Property Group, Inc. (SPG).
  • As of Oct 18, 2026, SmarterDividends grades REGCO's dividend safety C (65/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Oct 18, 2026, REGCO has raised its dividend for 0 consecutive years and SPG for 5.
  • As of Oct 18, 2026, REGCO's fair-value estimate is 26% above its share price and SPG's fair-value estimate is 33% below its share price, so REGCO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "REGCO vs SPG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/regco-vs-spg

MetricREGCOSPG
Forward yield6.98%4.33%
Annual dividend$1.47$8.90
Payout ratio—62%
Years of growth0 yr5 yr
5-yr dividend growth—10.5%
5-yr total return—34%
Dividend safety score65 (C)63 (C)
Fair value estimate$26.62$137.69
Upside to fair value+26%-33%
Frequencyquarterlyquarterly
Market cap—$78.0B
P/E ratio—14.5

Higher yield

REGCO

6.98%

Safer dividend

REGCO

Grade C

Faster growth

SPG

10.5%

Better value

REGCO

+26% upside

REGCO vs SPG — FAQ

Is REGCO or SPG a better dividend stock?

On the data, REGCO wins more head-to-head categories (3 vs 2). REGCO offers the higher yield (6.98%), while REGCO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, REGCO or SPG?

REGCO has the higher forward dividend yield at 6.98%, versus 4.33% for SPG.

Is REGCO or SPG safer?

REGCO has the higher dividend-safety score (65/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is REGCO or SPG better value right now?

As of Oct 18, 2026, REGCO looks like the better value: its fair-value estimate is 26% above its share price (undervalued). For SPG, its fair-value estimate is 33% below its share price.

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