SmarterDividends

SPG vs SQFTP: Which Is the Better Dividend Stock?

As of September 2026, SPG and SQFTP are closely matched. SQFTP offers the higher yield at 11.51%, SQFTP has the higher dividend-safety score, and SQFTP trades at the larger discount to fair value (+3%).

MetricSPGSQFTP
Forward yield4.35%11.51%
Annual dividend$8.90$0.78
Payout ratio62%
Years of growth5 yr0 yr
5-yr dividend growth10.5%
5-yr total return58%-73%
Dividend safety score63 (C)65 (C)
Fair value estimate$146.37$6.98
Upside to fair value-29%+3%
Frequencyquarterlymonthly
Market cap$77.8B
P/E ratio14.5

Higher yield

SQFTP

11.51%

Safer dividend

SQFTP

Grade C

Faster growth

SPG

10.5%

Better value

SQFTP

+3% upside

SPG vs SQFTP — FAQ

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