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
| Metric | REGCO | SPG |
|---|---|---|
| Forward yield | 6.98% | 4.33% |
| Annual dividend | $1.47 | $8.90 |
| Payout ratio | — | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 34% |
| Dividend safety score | 65 (C) | 63 (C) |
| Fair value estimate | $26.62 | $137.69 |
| Upside to fair value | +26% | -33% |
| Frequency | quarterly | quarterly |
| 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.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


