RITM vs SPG: Which Is the Better Dividend Stock?
As of Nov 8, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RITM offers the higher yield at 10.83%, SPG has the higher dividend-safety score, and RITM looks like the better value (its fair-value estimate is 41% above its share price).
Key facts: RITM vs SPG
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Rithm Capital Corp. (RITM) has the higher forward dividend yield at 10.83%, versus 4.03% for Simon Property Group, Inc. (SPG).
- As of Nov 8, 2026, SmarterDividends grades RITM's dividend safety C (52/100) and SPG's C (63/100).
- By SmarterDividends' count as of Nov 8, 2026, RITM has raised its dividend for 0 consecutive years and SPG for 5.
- As of Nov 8, 2026, RITM pays out 159% of its earnings as dividends and SPG pays out 64%.
- As of Nov 8, 2026, RITM's fair-value estimate is 41% above its share price and SPG's fair-value estimate is 14% below its share price, so RITM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "RITM vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/ritm-vs-spg
| Metric | RITM | SPG |
|---|---|---|
| Forward yield | 10.83% | 4.03% |
| Annual dividend | $1.00 | $9.20 |
| Payout ratio | 159% | 64% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 10.8% | 10.5% |
| 5-yr total return | -13% | 49% |
| Dividend safety score | 52 (C) | 63 (C) |
| Fair value estimate | $13.01 | $195.40 |
| Upside to fair value | +41% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $5.2B | $86.5B |
| P/E ratio | 14.7 | 16.5 |
Higher yield
RITM
10.83%
Safer dividend
SPG
Grade C
Faster growth
RITM
10.8%
Better value
RITM
+41% upside
RITM vs SPG — FAQ
Is RITM or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). RITM offers the higher yield (10.83%), while SPG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, RITM or SPG?
RITM has the higher forward dividend yield at 10.83%, versus 4.03% for SPG.
Is RITM or SPG safer?
SPG has the higher dividend-safety score (63/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is RITM or SPG better value right now?
As of Nov 8, 2026, RITM looks like the better value: its fair-value estimate is 41% above its share price (undervalued). For SPG, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.