SPG vs UHT: Which Is the Better Dividend Stock?
As of Oct 30, 2026, SPG and UHT are closely matched. UHT offers the higher yield at 8.16%, UHT has the higher dividend-safety score, and UHT looks like the better value (its fair-value estimate is 57% above its share price).
Key facts: SPG vs UHT
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Universal Health Realty Income Trust (UHT) has the higher forward dividend yield at 8.16%, versus 4.21% for Simon Property Group, Inc. (SPG).
- As of Oct 30, 2026, SmarterDividends grades SPG's dividend safety C (63/100) and UHT's A (82/100).
- By SmarterDividends' count as of Oct 30, 2026, SPG has raised its dividend for 5 consecutive years and UHT for 38.
- As of Oct 30, 2026, SPG pays out 62% of its earnings as dividends and UHT pays out 214%.
- As of Oct 30, 2026, SPG's fair-value estimate is 37% below its share price and UHT's fair-value estimate is 57% above its share price, so UHT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SPG vs UHT: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/spg-vs-uht
| Metric | SPG | UHT |
|---|---|---|
| Forward yield | 4.21% | 8.16% |
| Annual dividend | $8.90 | $3.00 |
| Payout ratio | 62% | 214% |
| Years of growth | 5 yr | 38 yr |
| 5-yr dividend growth | 10.5% | 1.4% |
| 5-yr total return | 38% | -32% |
| Dividend safety score | 63 (C) | 82 (A) |
| Fair value estimate | $136.51 | $59.38 |
| Upside to fair value | -37% | +57% |
| Frequency | quarterly | quarterly |
| Market cap | $81.9B | $526.4M |
| P/E ratio | 15.2 | 26.1 |
Higher yield
UHT
8.16%
Safer dividend
UHT
Grade A
Faster growth
SPG
10.5%
Better value
UHT
+57% upside
SPG vs UHT — FAQ
Is SPG or UHT a better dividend stock?
SPG and UHT are closely matched. UHT has the higher yield; UHT scores better on safety.
Which has a higher dividend yield, SPG or UHT?
UHT has the higher forward dividend yield at 8.16%, versus 4.21% for SPG.
Is SPG or UHT safer?
UHT has the higher dividend-safety score (82/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is SPG or UHT better value right now?
As of Oct 30, 2026, UHT looks like the better value: its fair-value estimate is 57% above its share price (undervalued). For SPG, its fair-value estimate is 37% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.