OHI vs WELL: Which Is the Better Dividend Stock?
As of Nov 9, 2026, OHI and WELL are closely matched. OHI offers the higher yield at 5.64%, OHI has the higher dividend-safety score, and OHI looks like the better value (its fair-value estimate is 9% below its share price).
Key facts: OHI vs WELL
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Omega Healthcare Investors, Inc. (OHI) has the higher forward dividend yield at 5.64%, versus 1.39% for Welltower Inc. (WELL).
- As of Nov 9, 2026, SmarterDividends grades OHI's dividend safety B (71/100) and WELL's B (66/100).
- By SmarterDividends' count as of Nov 9, 2026, OHI has raised its dividend for 0 consecutive years and WELL for 2.
- As of Nov 9, 2026, OHI pays out 109% of its earnings as dividends and WELL pays out 130%.
- As of Nov 9, 2026, OHI's fair-value estimate is 9% below its share price and WELL's fair-value estimate is 62% below its share price, so OHI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "OHI vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/ohi-vs-well
| Metric | OHI | WELL |
|---|---|---|
| Forward yield | 5.64% | 1.39% |
| Annual dividend | $2.72 | $3.40 |
| Payout ratio | 109% | 130% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 0.9% |
| 5-yr total return | 72% | 208% |
| Dividend safety score | 71 (B) | 66 (B) |
| Fair value estimate | $43.79 | $93.33 |
| Upside to fair value | -9% | -62% |
| Frequency | quarterly | quarterly |
| Market cap | $15.3B | $179.7B |
| P/E ratio | 19.5 | 103.8 |
Higher yield
OHI
5.64%
Safer dividend
OHI
Grade B
Faster growth
WELL
0.9%
Better value
OHI
-9% upside
OHI vs WELL — FAQ
Is OHI or WELL a better dividend stock?
OHI and WELL are closely matched. OHI has the higher yield; OHI scores better on safety.
Which has a higher dividend yield, OHI or WELL?
OHI has the higher forward dividend yield at 5.64%, versus 1.39% for WELL.
Is OHI or WELL safer?
OHI has the higher dividend-safety score (71/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is OHI or WELL better value right now?
As of Nov 9, 2026, OHI looks like the better value: its fair-value estimate is 9% below its share price (fairly valued). For WELL, its fair-value estimate is 62% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.