Computed head-to-head · 6 dimensions

ADC vs SPG

Agree Realty Corporation versus Simon Property Group, Inc. — yield, safety, growth trend, cost, scale, and tax treatment.

SPG wins 4–1 on our six-dimension comparison, but ADC can still be the better fit depending on your priorities — see each dimension below.

Scorecard at a glance

Dimension	ADC	SPG	Winner
Yield	3.99%	4.64%	SPG wins
Dividend safety	5.7/10	6.8/10	SPG wins
Growth trend	-0.22% vs 5y	-0.47% vs 5y	SPG wins
Volatility (beta)	0.47	1.40	ADC wins
Scale	$9.4B	$61.1B	SPG wins
Tax efficiency	Ordinary income	Ordinary income	Tie
Overall	1 wins	4 wins	SPG wins

Dimension by dimension

SPG wins on yield (4.64% vs 3.99%)

On a $10,000 investment that's about $65 more in annual dividend income before taxes — though higher yield often comes with higher risk.

SPG's higher yield (4.64%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus ADC's 3.99% — especially if the higher yield is driven by covered calls or a falling share price.

ADC: 3.99%SPG: 4.64%

SPG wins on safety (6.8/10 vs 5.7/10)

Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. SPG scores better on the weighted average of those factors.

SPG (6.8/10) scores 1.1 points higher than ADC (5.7/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.

ADC: 5.7/10SPG: 6.8/10

SPG shows healthier dividend-vs-price trend

SPG's yield is 0.47% below its 5y average, versus 0.22% for ADC. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.

ADC: -0.22% vs 5ySPG: -0.47% vs 5y

ADC is less volatile (beta 0.47 vs 1.40)

Lower beta means smaller swings vs the S&P 500 — generally a steadier hold for income investors.

ADC: 0.47SPG: 1.40

SPG is 6.5× larger by market cap

Larger companies tend to have tighter spreads, deeper liquidity, and lower closure risk.

ADC: $9.4BSPG: $61.1B

Both have similar tax-treatment concerns

Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.

ADC: Ordinary incomeSPG: Ordinary income

How we compare these

Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.

This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.

Frequently asked

Which is better for income, ADC or SPG?

SPG wins 4–1 on our six-dimension comparison, but ADC can still be the better fit depending on your priorities — see each dimension below.

ADC vs SPG: which has a higher dividend yield?

ADC yields 3.99% and SPG yields 4.64%. On a $10,000 investment that's about $65 more in annual dividend income before taxes — though higher yield often comes with higher risk.

Is ADC or SPG a safer dividend in 2026?

ADC scores 5.7/10 (Mixed) on the Infnits dividend safety scale. SPG scores 6.8/10 (Solid). SPG is the safer pick on our scoring model.

Which has better dividend growth, ADC or SPG?