SmarterDividends

GNL-PE vs WELL: Which Is the Better Dividend Stock?

As of Nov 8, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. GNL-PE offers the higher yield at 8.56%, WELL has the higher dividend-safety score, and GNL-PE looks like the better value (its fair-value estimate is 64% above its share price).

Key facts: GNL-PE vs WELL

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Global Net Lease, Inc. (GNL-PE) has the higher forward dividend yield at 8.56%, versus 1.39% for Welltower Inc. (WELL).
  • As of Nov 8, 2026, SmarterDividends grades GNL-PE's dividend safety C (62/100) and WELL's B (66/100).
  • By SmarterDividends' count as of Nov 8, 2026, GNL-PE has raised its dividend for 0 consecutive years and WELL for 2.
  • As of Nov 8, 2026, GNL-PE's fair-value estimate is 64% above its share price and WELL's fair-value estimate is 62% below its share price, so GNL-PE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GNL-PE vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/gnl-pe-vs-well

MetricGNL-PEWELL
Forward yield8.56%1.39%
Annual dividend$1.84$3.40
Payout ratio—130%
Years of growth0 yr2 yr
5-yr dividend growth—0.9%
5-yr total return—208%
Dividend safety score62 (C)66 (B)
Fair value estimate$35.40$93.33
Upside to fair value+64%-62%
Frequencyquarterlyquarterly
Market cap—$179.7B
P/E ratio—103.8

Higher yield

GNL-PE

8.56%

Safer dividend

WELL

Grade B

Faster growth

WELL

0.9%

Better value

GNL-PE

+64% upside

GNL-PE vs WELL — FAQ

Is GNL-PE or WELL a better dividend stock?

On the data, WELL wins more head-to-head categories (3 vs 2). GNL-PE offers the higher yield (8.56%), 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, GNL-PE or WELL?

GNL-PE has the higher forward dividend yield at 8.56%, versus 1.39% for WELL.

Is GNL-PE or WELL safer?

WELL has the higher dividend-safety score (66/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is GNL-PE or WELL better value right now?

As of Nov 8, 2026, GNL-PE looks like the better value: its fair-value estimate is 64% above its share price (undervalued). For WELL, its fair-value estimate is 62% below its share price.

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