MDV vs WELL: Which Is the Better Dividend Stock?
As of Nov 5, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MDV offers the higher yield at 6.59%, WELL has the higher dividend-safety score, and MDV looks like the better value (its fair-value estimate is 52% above its share price).
Key facts: MDV vs WELL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Modiv Industrial Inc (MDV) has the higher forward dividend yield at 6.59%, versus 1.37% for Welltower Inc. (WELL).
- As of Nov 5, 2026, SmarterDividends grades MDV's dividend safety C (59/100) and WELL's B (66/100).
- By SmarterDividends' count as of Nov 5, 2026, MDV has raised its dividend for 2 consecutive years and WELL for 2.
- As of Nov 5, 2026, MDV pays out 460% of its earnings as dividends and WELL pays out 130%.
- As of Nov 5, 2026, MDV's fair-value estimate is 52% above its share price and WELL's fair-value estimate is 61% below its share price, so MDV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MDV vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/mdv-vs-well
| Metric | MDV | WELL |
|---|---|---|
| Forward yield | 6.59% | 1.37% |
| Annual dividend | $1.20 | $3.40 |
| Payout ratio | 460% | 130% |
| Years of growth | 2 yr | 2 yr |
| 5-yr dividend growth | — | 0.9% |
| 5-yr total return | — | 195% |
| Dividend safety score | 59 (C) | 66 (B) |
| Fair value estimate | $27.49 | $96.91 |
| Upside to fair value | +52% | -61% |
| Frequency | monthly | quarterly |
| Market cap | $215.1M | $180.8B |
| P/E ratio | 50.1 | 104.4 |
Higher yield
MDV
6.59%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
MDV
+52% upside
MDV vs WELL — FAQ
Is MDV or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (3 vs 2). MDV offers the higher yield (6.59%), 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, MDV or WELL?
MDV has the higher forward dividend yield at 6.59%, versus 1.37% for WELL.
Is MDV or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is MDV or WELL better value right now?
As of Nov 5, 2026, MDV looks like the better value: its fair-value estimate is 52% above its share price (undervalued). For WELL, its fair-value estimate is 61% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.