Computed head-to-head · 6 dimensions
AMT vs SPG
American Tower Corporation versus Simon Property Group, Inc. — yield, safety, growth trend, cost, scale, and tax treatment.
SPG wins 2–1 on our six-dimension comparison, but AMT can still be the better fit depending on your priorities — see each dimension below.
Scorecard at a glance
| Dimension | AMT | SPG | Winner |
|---|---|---|---|
| Yield | 3.77% | 4.64% | SPG wins |
| Dividend safety | 6.8/10 | 6.8/10 | Tie |
| Growth trend | +0.88% vs 5y | -0.47% vs 5y | SPG wins |
| Volatility (beta) | 0.90 | 1.40 | AMT wins |
| Scale | $86.2B | $61.1B | Tie |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 1 wins | 2 wins | SPG wins |
Dimension by dimension
SPG wins on yield (4.64% vs 3.77%)
On a $10,000 investment that's about $87 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 AMT's 3.77% — especially if the higher yield is driven by covered calls or a falling share price.
Safety scores are too close to call (6.8/10 vs 6.8/10)
Both score within 0.3 points on our 0-10 dividend safety scale — comparable risk profiles on the signals we measure.
SPG shows healthier dividend-vs-price trend
SPG's yield is 0.47% below its 5y average, versus 0.88% for AMT. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
AMT is less volatile (beta 0.90 vs 1.40)
Lower beta means smaller swings vs the S&P 500 — generally a steadier hold for income investors.
Comparable scale ($86.2B vs $61.1B)
Within 1.5x of each other on market cap / AUM — similar institutional footprint.
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.
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, AMT or SPG?
SPG wins 2–1 on our six-dimension comparison, but AMT can still be the better fit depending on your priorities — see each dimension below.
AMT vs SPG: which has a higher dividend yield?
AMT yields 3.77% and SPG yields 4.64%. On a $10,000 investment that's about $87 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is AMT or SPG a safer dividend in 2026?
AMT scores 6.8/10 (Solid) on the Infnits dividend safety scale. SPG scores 6.8/10 (Solid). Both have comparable safety scores.
Which has better dividend growth, AMT or SPG?
SPG's yield is 0.47% below its 5y average, versus 0.88% for AMT. Lower (or below-average) yield trend often means price appreciation outpaced distributions — a healthier signal.
AMT vs SPG: which is more tax-efficient?
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
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