Side-by-Side Metrics
Simon Property Group (major malls and outlets) vs Tanger (outlet centers). Two retail-landlord REITs with different formats—compare dividend yield and tenant risk.
- MetricSKTSPG
- CompanyTangerSimon Property Group
- Income
- Current Yield2.98%3.87%
- FrequencyQuarterlyQuarterly
- Safety
- Payout Ratio110.19%61.32%
- FCF covers dividendPassPass
- No dividend cuts (10Y)FailFail
- FCF Payout RatioPassPass
- Net Debt / EBITDAFailFail
- Div growth vs. EPS (5Y)N/AFail
- Growth
- Div Growth (5Y CAGR)10.10%7.34%
- Consecutive Growth Years65
- CCC classificationDividend ChallengerDividend Challenger
- Context
- Chowder score13.1%11.2%
- Yield zone (vs 5Y avg)SELLSELL
- Overall Score3 / 52 / 5
| Metric | SKT | SPG |
|---|---|---|
| Company | Tanger | Simon Property Group |
| Income | ||
| Current Yield | 2.98% | 3.87% |
| Frequency | Quarterly | Quarterly |
| Safety | ||
| Payout Ratio | 110.19% | 61.32% |
| FCF covers dividend | Pass | Pass |
| No dividend cuts (10Y) | Fail | Fail |
| FCF Payout Ratio | Pass | Pass |
| Net Debt / EBITDA | Fail | Fail |
| Div growth vs. EPS (5Y) | N/A | Fail |
| Growth | ||
| Div Growth (5Y CAGR) | 10.10% | 7.34% |
| Consecutive Growth Years | 6 | 5 |
| CCC classification | Dividend Challenger | Dividend Challenger |
| Context | ||
| Chowder score | 13.1% | 11.2% |
| Yield zone (vs 5Y avg) | SELL | SELL |
| Overall Score | 3 / 5 | 2 / 5 |
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Income Comparison
How SKT and SPG payouts compare on a $10,000 position — annual total, per-payment cash, and smoothed monthly equivalent.
| Metric | SKT | SPG |
|---|---|---|
| Annual income | $298.17 | $387.34 |
| Payment frequency | Quarterly (4×/yr) | Quarterly (4×/yr) |
| Per payment | $74.54 | $96.84 |
| Avg monthly | $24.85 | $32.28 |
Dividend Growth
Historical compound annual growth of dividends per share. Bars use one scale across all periods.
Frequently asked questions
Tanger (SKT) vs Simon Property Group (SPG) Dividend Tools & Insights
Per-company dividend calculators and forecasts — click any row to explore.
Simon Property Group (SPG)