NEN vs WELL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NEN (New England Realty Associates Limited Partnership) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NEN offers the higher yield at 3.23%, NEN has the higher dividend-safety score, and NEN looks like the better value (its fair-value estimate is 32% below its share price).
Key facts: NEN vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, New England Realty Associates Limited Partnership (NEN) has the higher forward dividend yield at 3.23%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades NEN's dividend safety A (87/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, NEN has raised its dividend for 0 consecutive years and WELL for 2.
- As of Oct 18, 2026, NEN pays out 94% of its earnings as dividends and WELL pays out 133%.
- As of Oct 18, 2026, NEN's fair-value estimate is 32% below its share price and WELL's fair-value estimate is 59% below its share price, so NEN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEN vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nen-vs-well
| Metric | NEN | WELL |
|---|---|---|
| Forward yield | 3.23% | 1.45% |
| Annual dividend | $1.60 | $3.40 |
| Payout ratio | 94% | 133% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 4.6% | 0.9% |
| 5-yr total return | -21% | 195% |
| Dividend safety score | 87 (A) | 66 (B) |
| Fair value estimate | $33.62 | $96.91 |
| Upside to fair value | -32% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | $172.0M | $169.2B |
| P/E ratio | — | 105.3 |
Higher yield
NEN
3.23%
Safer dividend
NEN
Grade A
Faster growth
NEN
4.6%
Better value
NEN
-32% upside
NEN vs WELL — FAQ
Is NEN or WELL a better dividend stock?
On the data, NEN wins more head-to-head categories (5 vs 3). NEN offers the higher yield (3.23%), while NEN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NEN or WELL?
NEN has the higher forward dividend yield at 3.23%, versus 1.45% for WELL.
Is NEN or WELL safer?
NEN has the higher dividend-safety score (87/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is NEN or WELL better value right now?
As of Oct 18, 2026, NEN looks like the better value: its fair-value estimate is 32% below its share price (overvalued). For WELL, its fair-value estimate is 59% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.