SPG vs STRW: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. STRW offers the higher yield at 5.29%, SPG has the higher dividend-safety score, and STRW looks like the better value (its fair-value estimate is 15% below its share price).
Key facts: SPG vs STRW
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Strawberry Fields REIT, Inc. (STRW) has the higher forward dividend yield at 5.29%, versus 4.33% for Simon Property Group, Inc. (SPG).
- As of Oct 18, 2026, SmarterDividends grades SPG's dividend safety C (63/100) and STRW's C (60/100).
- By SmarterDividends' count as of Oct 18, 2026, SPG has raised its dividend for 5 consecutive years and STRW for 2.
- As of Oct 18, 2026, SPG pays out 62% of its earnings as dividends and STRW pays out 100%.
- As of Oct 18, 2026, SPG's fair-value estimate is 33% below its share price and STRW's fair-value estimate is 15% below its share price, so STRW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SPG vs STRW: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/spg-vs-strw
| Metric | SPG | STRW |
|---|---|---|
| Forward yield | 4.33% | 5.29% |
| Annual dividend | $8.90 | $0.68 |
| Payout ratio | 62% | 100% |
| Years of growth | 5 yr | 2 yr |
| 5-yr dividend growth | 10.5% | — |
| 5-yr total return | 34% | — |
| Dividend safety score | 63 (C) | 60 (C) |
| Fair value estimate | $137.69 | $10.95 |
| Upside to fair value | -33% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $78.0B | $726.8M |
| P/E ratio | 14.5 | 19.8 |
Higher yield
STRW
5.29%
Safer dividend
SPG
Grade C
Faster growth
SPG
10.5%
Better value
STRW
-15% upside
SPG vs STRW — FAQ
Is SPG or STRW a better dividend stock?
On the data, SPG wins more head-to-head categories (4 vs 2). STRW offers the higher yield (5.29%), 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, SPG or STRW?
STRW has the higher forward dividend yield at 5.29%, versus 4.33% for SPG.
Is SPG or STRW safer?
SPG has the higher dividend-safety score (63/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is SPG or STRW better value right now?
As of Oct 18, 2026, STRW looks like the better value: its fair-value estimate is 15% below its share price (fairly valued). For SPG, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.