SMA vs SPG: Which Is the Better Dividend Stock?
As of Nov 9, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. SMA offers the higher yield at 4.11%, SPG has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 14% below its share price).
Key facts: SMA vs SPG
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, SmartStop Self Storage REIT, Inc. (SMA) has the higher forward dividend yield at 4.11%, versus 4.03% for Simon Property Group, Inc. (SPG).
- By SmarterDividends' count as of Nov 9, 2026, SMA has raised its dividend for 0 consecutive years and SPG for 5.
- As of Nov 9, 2026, SMA pays out 267% of its earnings as dividends and SPG pays out 64%.
- As of Nov 9, 2026, SMA's fair-value estimate is 46% below its share price and SPG's fair-value estimate is 14% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SMA vs SPG: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/sma-vs-spg
| Metric | SMA | SPG |
|---|---|---|
| Forward yield | 4.11% | 4.03% |
| Annual dividend | $1.60 | $9.20 |
| Payout ratio | 267% | 64% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 49% |
| Dividend safety score | — | 63 (C) |
| Fair value estimate | $20.94 | $195.40 |
| Upside to fair value | -46% | -14% |
| Frequency | monthly | quarterly |
| Market cap | $2.2B | $86.5B |
| P/E ratio | 73.4 | 16.5 |
Higher yield
SMA
4.11%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
SPG
-14% upside
SMA vs SPG — FAQ
Is SMA or SPG a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 1). SMA offers the higher yield (4.11%), 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, SMA or SPG?
SMA has the higher forward dividend yield at 4.11%, versus 4.03% for SPG.
Is SMA or SPG safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is SMA or SPG better value right now?
As of Nov 9, 2026, SPG looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For SMA, its fair-value estimate is 46% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.