SmarterDividends

AMT vs SPG: Which Is the Better Dividend Stock?

As of July 2026, AMT and SPG are closely matched. AMT offers the higher yield at 4.07%, AMT has the higher dividend-safety score, and AMT trades at the larger discount to fair value (-1%).

MetricAMTSPG
Forward yield4.07%3.72%
Annual dividend$6.98$8.80
Payout ratio82%60%
Years of growth13 yr5 yr
5-yr dividend growth8.5%10.5%
5-yr total return-43%71%
Dividend safety score74 (B)61 (C)
Fair value estimate$164.91$150.64
Upside to fair value-1%-34%
Frequencyquarterlyquarterly
Market cap$83.5B$89.5B
P/E ratio28.916.4

Higher yield

AMT

4.07%

Safer dividend

AMT

Grade B

Faster growth

SPG

10.5%

Better value

AMT

-1% upside

AMT vs SPG — FAQ

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