SMA vs SPG: Which Is the Better Dividend Stock?
As of September 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. SMA offers the higher yield at 4.91%, SPG has the higher dividend-safety score, and SMA trades at the larger discount to fair value (-36%).
| Metric | SMA | SPG |
|---|---|---|
| Forward yield | 4.91% | 4.33% |
| Annual dividend | $1.60 | $8.90 |
| Payout ratio | 267% | 62% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 10.5% |
| 5-yr total return | — | 40% |
| Dividend safety score | — | 63 (C) |
| Fair value estimate | $20.84 | $128.47 |
| Upside to fair value | -36% | -37% |
| Frequency | monthly | quarterly |
| Market cap | $1.8B | $77.8B |
| P/E ratio | 54.4 | 14.5 |
Higher yield
SMA
4.91%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
SMA
-36% upside
SMA vs SPG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.