SmarterDividends

EQR vs WELL: Which Is the Better Dividend Stock?

As of September 2026, EQR (Equity Residential) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. EQR offers the higher yield at 4.26%, WELL has the higher dividend-safety score, and EQR trades at the larger discount to fair value (+22%).

MetricEQRWELL
Forward yield4.26%1.49%
Annual dividend$2.81$3.40
Payout ratio121%133%
Years of growth4 yr2 yr
5-yr dividend growth2.7%0.9%
5-yr total return185%
Dividend safety score52 (C)66 (B)
Fair value estimate$77.84$93.23
Upside to fair value+22%-59%
Frequencyweeklyquarterly
Market cap$24.6B$167.7B
P/E ratio28.7104.8

Higher yield

EQR

4.26%

Safer dividend

WELL

Grade B

Faster growth

EQR

2.7%

Better value

EQR

+22% upside

EQR vs WELL — FAQ

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