SPG vs STAG: Which Is the Better Dividend Stock?
As of Nov 2, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. STAG offers the higher yield at 4.21%, STAG has the higher dividend-safety score, and SPG looks like the better value (its fair-value estimate is 37% below its share price).
Key facts: SPG vs STAG
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, STAG Industrial, Inc. (STAG) has the higher forward dividend yield at 4.21%, versus 4.09% for Simon Property Group, Inc. (SPG).
- As of Nov 2, 2026, SmarterDividends grades SPG's dividend safety C (63/100) and STAG's B (78/100).
- By SmarterDividends' count as of Nov 2, 2026, SPG has raised its dividend for 5 consecutive years and STAG for 1.
- As of Nov 2, 2026, SPG pays out 62% of its earnings as dividends and STAG pays out 109%.
- As of Nov 2, 2026, SPG's fair-value estimate is 37% below its share price and STAG's fair-value estimate is 43% below its share price, so SPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SPG vs STAG: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/spg-vs-stag
| Metric | SPG | STAG |
|---|---|---|
| Forward yield | 4.09% | 4.21% |
| Annual dividend | $8.90 | $1.55 |
| Payout ratio | 62% | 109% |
| Years of growth | 5 yr | 1 yr |
| 5-yr dividend growth | 10.5% | 0.7% |
| 5-yr total return | 42% | -15% |
| Dividend safety score | 63 (C) | 78 (B) |
| Fair value estimate | $136.51 | $20.93 |
| Upside to fair value | -37% | -43% |
| Frequency | quarterly | quarterly |
| Market cap | $82.7B | $7.3B |
| P/E ratio | 15.4 | 26.1 |
Higher yield
STAG
4.21%
Safer dividend
STAG
Grade B
Faster growth
SPG
10.5%
Better value
SPG
-37% upside
SPG vs STAG — FAQ
Is SPG or STAG a better dividend stock?
On the data, SPG wins more head-to-head categories (6 vs 2). STAG offers the higher yield (4.21%), while STAG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, SPG or STAG?
STAG has the higher forward dividend yield at 4.21%, versus 4.09% for SPG.
Is SPG or STAG safer?
STAG has the higher dividend-safety score (78/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is SPG or STAG better value right now?
As of Nov 2, 2026, SPG looks like the better value: its fair-value estimate is 37% below its share price (overvalued). For STAG, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.