SmarterDividends

DX-PC vs WELL: Which Is the Better Dividend Stock?

As of Sep 30, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. DX-PC offers the higher yield at 9.27%, WELL has the higher dividend-safety score, and DX-PC looks like the better value (its fair-value estimate is 117% above its share price).

Key facts: DX-PC vs WELL

Data as of · Source: SmarterDividends data

  • As of Sep 30, 2026, Dynex Capital, Inc. (DX-PC) has the higher forward dividend yield at 9.27%, versus 1.46% for Welltower Inc. (WELL).
  • As of Sep 30, 2026, SmarterDividends grades DX-PC's dividend safety C (65/100) and WELL's B (66/100).
  • By SmarterDividends' count as of Sep 30, 2026, DX-PC has raised its dividend for 1 consecutive years and WELL for 2.
  • As of Sep 30, 2026, DX-PC's fair-value estimate is 117% above its share price and WELL's fair-value estimate is 60% below its share price, so DX-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DX-PC vs WELL: Dividend Yield, Safety & Value Compared," updated Sep 30, 2026, https://smarterdividends.com/compare/dx-pc-vs-well

MetricDX-PCWELL
Forward yield9.27%1.46%
Annual dividend$2.40$3.40
Payout ratio—133%
Years of growth1 yr2 yr
5-yr dividend growth8.3%0.9%
5-yr total return-1%188%
Dividend safety score65 (C)66 (B)
Fair value estimate$56.60$93.23
Upside to fair value+117%-60%
Frequencyquarterlyquarterly
Market cap—$167.8B
P/E ratio9.8104.4

Higher yield

DX-PC

9.27%

Safer dividend

WELL

Grade B

Faster growth

DX-PC

8.3%

Better value

DX-PC

+117% upside

DX-PC vs WELL — FAQ

Is DX-PC or WELL a better dividend stock?

On the data, WELL wins more head-to-head categories (4 vs 3). DX-PC offers the higher yield (9.27%), 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, DX-PC or WELL?

DX-PC has the higher forward dividend yield at 9.27%, versus 1.46% for WELL.

Is DX-PC or WELL safer?

WELL has the higher dividend-safety score (66/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.

Is DX-PC or WELL better value right now?

As of Sep 30, 2026, DX-PC looks like the better value: its fair-value estimate is 117% above its share price (undervalued). For WELL, its fair-value estimate is 60% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.