Simon Property Group vs. Federal Realty Investment Trust: Which is the Better Dividend Stock?

Simon Property Group and Federal Realty Investment Trust are two retail REITs with high-quality portfolios and financial profiles. However, growth is a significant differentiator between the two, with Simon Property focused on malls and premium outlets, while Federal Realty focuses on high-quality open-air shopping centers and mixed-use properties in first-ring suburbs of the country's largest cities. Both REITs pay attractive and growing dividends, but investors may want to hold only one retail REIT in their portfolio.