PMT-PA vs SPG: Which Is the Better Dividend Stock?
As of July 2026, SPG (Simon Property Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PMT-PA offers the higher yield at 8.99%, PMT-PA has the higher dividend-safety score, and PMT-PA trades at the larger discount to fair value (+88%).
| Metric | PMT-PA | SPG |
|---|---|---|
| Forward yield | 8.99% | 3.85% |
| Annual dividend | $2.03 | $8.80 |
| Payout ratio | — | 60% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 0.0% | 10.5% |
| 5-yr total return | -14% | 70% |
| Dividend safety score | 73 (B) | 61 (C) |
| Fair value estimate | $42.50 | $150.64 |
| Upside to fair value | +88% | -34% |
| Frequency | quarterly | quarterly |
| Market cap | — | $86.7B |
| P/E ratio | — | 15.9 |
Higher yield
PMT-PA
8.99%
Safer dividend
PMT-PA
Grade B
Faster growth
SPG
10.5%
Better value
PMT-PA
+88% upside
PMT-PA vs SPG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.