SPG vs STWD: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. STWD offers the higher yield at 15.32%, STWD has the higher dividend-safety score, and STWD looks like the better value (its fair-value estimate is 93% above its share price).
Key facts: SPG vs STWD
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Starwood Property Trust, Inc. (STWD) has the higher forward dividend yield at 15.32%, versus 4.18% for Simon Property Group, Inc. (SPG).
- As of Oct 27, 2026, SmarterDividends grades SPG's dividend safety C (63/100) and STWD's B (70/100).
- By SmarterDividends' count as of Oct 27, 2026, SPG has raised its dividend for 5 consecutive years and STWD for 0.
- As of Oct 27, 2026, SPG pays out 62% of its earnings as dividends and STWD pays out 320%.
- As of Oct 27, 2026, SPG's fair-value estimate is 36% below its share price and STWD's fair-value estimate is 93% above its share price, so STWD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SPG vs STWD: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/spg-vs-stwd
| Metric | SPG | STWD |
|---|---|---|
| Forward yield | 4.18% | 15.32% |
| Annual dividend | $8.90 | $1.92 |
| Payout ratio | 62% | 320% |
| Years of growth | 5 yr | 0 yr |
| 5-yr dividend growth | 10.5% | 0.0% |
| 5-yr total return | 38% | -50% |
| Dividend safety score | 63 (C) | 70 (B) |
| Fair value estimate | $136.51 | $24.22 |
| Upside to fair value | -36% | +93% |
| Frequency | quarterly | quarterly |
| Market cap | $80.7B | $4.8B |
| P/E ratio | 15.0 | 20.9 |
Higher yield
STWD
15.32%
Safer dividend
STWD
Grade B
Faster growth
SPG
10.5%
Better value
STWD
+93% upside
SPG vs STWD — FAQ
Is SPG or STWD a better dividend stock?
On the data, SPG wins more head-to-head categories (5 vs 3). STWD offers the higher yield (15.32%), while STWD 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 STWD?
STWD has the higher forward dividend yield at 15.32%, versus 4.18% for SPG.
Is SPG or STWD safer?
STWD has the higher dividend-safety score (70/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is SPG or STWD better value right now?
As of Oct 27, 2026, STWD looks like the better value: its fair-value estimate is 93% above its share price (undervalued). For SPG, its fair-value estimate is 36% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.