SmarterDividends

RLJ-PA 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 4 of 7 head-to-head metrics. RLJ-PA offers the higher yield at 7.92%, RLJ-PA has the higher dividend-safety score, and RLJ-PA looks like the better value (its fair-value estimate is 6% below its share price).

Key facts: RLJ-PA vs SPG

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, RLJ Lodging Trust (RLJ-PA) has the higher forward dividend yield at 7.92%, versus 4.03% for Simon Property Group, Inc. (SPG).
  • As of Nov 8, 2026, SmarterDividends grades RLJ-PA's dividend safety B (79/100) and SPG's C (63/100).
  • By SmarterDividends' count as of Nov 8, 2026, RLJ-PA has raised its dividend for 0 consecutive years and SPG for 5.
  • As of Nov 8, 2026, RLJ-PA's fair-value estimate is 6% below its share price and SPG's fair-value estimate is 14% below its share price, so RLJ-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "RLJ-PA vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/rlj-pa-vs-spg

MetricRLJ-PASPG
Forward yield7.92%4.03%
Annual dividend$1.95$9.20
Payout ratio—64%
Years of growth0 yr5 yr
5-yr dividend growth0.0%10.5%
5-yr total return-12%49%
Dividend safety score79 (B)63 (C)
Fair value estimate$23.15$195.40
Upside to fair value-6%-14%
Frequencyquarterlyquarterly
Market cap—$86.5B
P/E ratio—16.5

Higher yield

RLJ-PA

7.92%

Safer dividend

RLJ-PA

Grade B

Faster growth

SPG

10.5%

Better value

RLJ-PA

-6% upside

RLJ-PA vs SPG — FAQ

Is RLJ-PA or SPG a better dividend stock?

On the data, SPG wins more head-to-head categories (4 vs 3). RLJ-PA offers the higher yield (7.92%), while RLJ-PA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, RLJ-PA or SPG?

RLJ-PA has the higher forward dividend yield at 7.92%, versus 4.03% for SPG.

Is RLJ-PA or SPG safer?

RLJ-PA has the higher dividend-safety score (79/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is RLJ-PA or SPG better value right now?

As of Nov 8, 2026, RLJ-PA looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For SPG, its fair-value estimate is 14% below its share price.

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