SmarterDividends

NHPAP vs WELL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, NHPAP (National Healthcare Properties Inc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. NHPAP offers the higher yield at 7.30%, NHPAP has the higher dividend-safety score, and NHPAP looks like the better value (its fair-value estimate is 67% above its share price).

Key facts: NHPAP vs WELL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, National Healthcare Properties Inc (NHPAP) has the higher forward dividend yield at 7.30%, versus 1.45% for Welltower Inc. (WELL).
  • As of Oct 18, 2026, SmarterDividends grades NHPAP's dividend safety B (75/100) and WELL's B (66/100).
  • By SmarterDividends' count as of Oct 18, 2026, NHPAP has raised its dividend for 0 consecutive years and WELL for 2.
  • As of Oct 18, 2026, NHPAP's fair-value estimate is 67% above its share price and WELL's fair-value estimate is 59% below its share price, so NHPAP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NHPAP vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nhpap-vs-well

MetricNHPAPWELL
Forward yield7.30%1.45%
Annual dividend$1.84$3.40
Payout ratio—133%
Years of growth0 yr2 yr
5-yr dividend growth8.8%0.9%
5-yr total return—195%
Dividend safety score75 (B)66 (B)
Fair value estimate$42.14$96.91
Upside to fair value+67%-59%
Frequencyquarterlyquarterly
Market cap—$169.2B
P/E ratio—105.3

Higher yield

NHPAP

7.30%

Safer dividend

NHPAP

Grade B

Faster growth

NHPAP

8.8%

Better value

NHPAP

+67% upside

NHPAP vs WELL — FAQ

Is NHPAP or WELL a better dividend stock?

On the data, NHPAP wins more head-to-head categories (4 vs 2). NHPAP offers the higher yield (7.30%), while NHPAP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, NHPAP or WELL?

NHPAP has the higher forward dividend yield at 7.30%, versus 1.45% for WELL.

Is NHPAP or WELL safer?

NHPAP has the higher dividend-safety score (75/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is NHPAP or WELL better value right now?

As of Oct 18, 2026, NHPAP looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For WELL, its fair-value estimate is 59% below its share price.

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