NLCP vs WELL: Which Is the Better Dividend Stock?
As of July 2026, NLCP (NewLake Capital Partners, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NLCP offers the higher yield at 11.22%, WELL has the higher dividend-safety score, and NLCP trades at the larger discount to fair value (+59%).
| Metric | NLCP | WELL |
|---|---|---|
| Forward yield | 11.22% | 1.22% |
| Annual dividend | $1.72 | $2.96 |
| Payout ratio | 138% | 140% |
| Years of growth | 4 yr | 2 yr |
| 5-yr dividend growth | — | 0.9% |
| 5-yr total return | -49% | 178% |
| Dividend safety score | 60 (C) | 63 (C) |
| Fair value estimate | $24.30 | $80.94 |
| Upside to fair value | +59% | -67% |
| Frequency | quarterly | quarterly |
| Market cap | $324.6M | $172.8B |
| P/E ratio | 12.4 | 117.7 |
Higher yield
NLCP
11.22%
Safer dividend
WELL
Grade C
Faster growth
WELL
0.9%
Better value
NLCP
+59% upside
NLCP vs WELL — FAQ
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