BDN vs WELL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BDN offers the higher yield at 12.17%, WELL has the higher dividend-safety score, and BDN looks like the better value (its fair-value estimate is 33% above its share price).
Key facts: BDN vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Brandywine Realty Trust (BDN) has the higher forward dividend yield at 12.17%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades BDN's dividend safety D (45/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, BDN has raised its dividend for 0 consecutive years and WELL for 2.
- As of Oct 18, 2026, BDN's fair-value estimate is 33% above its share price and WELL's fair-value estimate is 59% below its share price, so BDN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BDN vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bdn-vs-well
| Metric | BDN | WELL |
|---|---|---|
| Forward yield | 12.17% | 1.45% |
| Annual dividend | $0.32 | $3.40 |
| Payout ratio | 543% | 133% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -7.0% | 0.9% |
| 5-yr total return | -80% | 195% |
| Dividend safety score | 45 (D) | 66 (B) |
| Fair value estimate | $3.49 | $96.91 |
| Upside to fair value | +33% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | $454.3M | $169.2B |
| P/E ratio | — | 105.3 |
Higher yield
BDN
12.17%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
BDN
+33% upside
BDN vs WELL — FAQ
Is BDN or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (6 vs 2). BDN offers the higher yield (12.17%), while WELL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BDN or WELL?
BDN has the higher forward dividend yield at 12.17%, versus 1.45% for WELL.
Is BDN or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.
Is BDN or WELL better value right now?
As of Oct 18, 2026, BDN looks like the better value: its fair-value estimate is 33% above its share price (undervalued). For WELL, its fair-value estimate is 59% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.