FBRT vs WELL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. FBRT offers the higher yield at 12.70%, WELL has the higher dividend-safety score, and FBRT looks like the better value (its fair-value estimate is 51% above its share price).
Key facts: FBRT vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Franklin BSP Realty Trust, Inc. (FBRT) has the higher forward dividend yield at 12.70%, versus 1.41% for Welltower Inc. (WELL).
- As of Oct 27, 2026, SmarterDividends grades FBRT's dividend safety D (38/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 27, 2026, FBRT has raised its dividend for 0 consecutive years and WELL for 2.
- As of Oct 27, 2026, FBRT pays out 252% of its earnings as dividends and WELL pays out 133%.
- As of Oct 27, 2026, FBRT's fair-value estimate is 51% above its share price and WELL's fair-value estimate is 60% below its share price, so FBRT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FBRT vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/fbrt-vs-well
| Metric | FBRT | WELL |
|---|---|---|
| Forward yield | 12.70% | 1.41% |
| Annual dividend | $0.80 | $3.40 |
| Payout ratio | 252% | 133% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 0.9% |
| 5-yr total return | -59% | 198% |
| Dividend safety score | 38 (D) | 66 (B) |
| Fair value estimate | $9.53 | $96.91 |
| Upside to fair value | +51% | -60% |
| Frequency | quarterly | quarterly |
| Market cap | $523.2M | $173.4B |
| P/E ratio | 14.3 | 107.9 |
Higher yield
FBRT
12.70%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
FBRT
+51% upside
FBRT vs WELL — FAQ
Is FBRT or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (5 vs 2). FBRT offers the higher yield (12.70%), 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, FBRT or WELL?
FBRT has the higher forward dividend yield at 12.70%, versus 1.41% for WELL.
Is FBRT or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 38/100), reflecting stronger payout coverage and dividend-growth history.
Is FBRT or WELL better value right now?
As of Oct 27, 2026, FBRT looks like the better value: its fair-value estimate is 51% above its share price (undervalued). For WELL, its fair-value estimate is 60% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.