ILPT vs WELL: Which Is the Better Dividend Stock?
As of Nov 8, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ILPT offers the higher yield at 5.07%, WELL has the higher dividend-safety score, and ILPT looks like the better value (its fair-value estimate is 52% below its share price).
Key facts: ILPT vs WELL
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Industrial Logistics Properties Trust (ILPT) has the higher forward dividend yield at 5.07%, versus 1.39% for Welltower Inc. (WELL).
- As of Nov 8, 2026, SmarterDividends grades ILPT's dividend safety D (37/100) and WELL's B (66/100).
- By SmarterDividends' count as of Nov 8, 2026, ILPT has raised its dividend for 1 consecutive years and WELL for 2.
- As of Nov 8, 2026, ILPT pays out 92% of its earnings as dividends and WELL pays out 130%.
- As of Nov 8, 2026, ILPT's fair-value estimate is 52% below its share price and WELL's fair-value estimate is 62% below its share price, so ILPT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ILPT vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/ilpt-vs-well
| Metric | ILPT | WELL |
|---|---|---|
| Forward yield | 5.07% | 1.39% |
| Annual dividend | $0.30 | $3.40 |
| Payout ratio | 92% | 130% |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | -38.1% | 0.9% |
| 5-yr total return | -73% | 208% |
| Dividend safety score | 37 (D) | 66 (B) |
| Fair value estimate | $2.84 | $93.33 |
| Upside to fair value | -52% | -62% |
| Frequency | quarterly | quarterly |
| Market cap | $397.2M | $179.7B |
| P/E ratio | — | 103.8 |
Higher yield
ILPT
5.07%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
ILPT
-52% upside
ILPT vs WELL — FAQ
Is ILPT or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (5 vs 3). ILPT offers the higher yield (5.07%), 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, ILPT or WELL?
ILPT has the higher forward dividend yield at 5.07%, versus 1.39% for WELL.
Is ILPT or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 37/100), reflecting stronger payout coverage and dividend-growth history.
Is ILPT or WELL better value right now?
As of Nov 8, 2026, ILPT looks like the better value: its fair-value estimate is 52% below its share price (overvalued). For WELL, its fair-value estimate is 62% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.