SmarterDividends

PECO vs WELL: Which Is the Better Dividend Stock?

As of Nov 5, 2026, PECO (Phillips Edison & Company, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. PECO offers the higher yield at 3.35%, PECO has the higher dividend-safety score, and PECO looks like the better value (its fair-value estimate is 3% below its share price).

Key facts: PECO vs WELL

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Phillips Edison & Company, Inc. (PECO) has the higher forward dividend yield at 3.35%, versus 1.37% for Welltower Inc. (WELL).
  • As of Nov 5, 2026, SmarterDividends grades PECO's dividend safety B (70/100) and WELL's B (66/100).
  • By SmarterDividends' count as of Nov 5, 2026, PECO has raised its dividend for 4 consecutive years and WELL for 2.
  • As of Nov 5, 2026, PECO pays out 83% of its earnings as dividends and WELL pays out 130%.
  • As of Nov 5, 2026, PECO's fair-value estimate is 3% below its share price and WELL's fair-value estimate is 61% below its share price, so PECO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PECO vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/peco-vs-well

MetricPECOWELL
Forward yield3.35%1.37%
Annual dividend$1.38$3.40
Payout ratio83%130%
Years of growth4 yr2 yr
5-yr dividend growth—0.9%
5-yr total return24%195%
Dividend safety score70 (B)66 (B)
Fair value estimate$39.60$96.91
Upside to fair value-3%-61%
Frequencymonthlyquarterly
Market cap$5.8B$180.8B
P/E ratio28.7104.4

Higher yield

PECO

3.35%

Safer dividend

PECO

Grade B

Faster growth

WELL

0.9%

Better value

PECO

-3% upside

PECO vs WELL — FAQ

Is PECO or WELL a better dividend stock?

On the data, PECO wins more head-to-head categories (5 vs 2). PECO offers the higher yield (3.35%), while PECO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, PECO or WELL?

PECO has the higher forward dividend yield at 3.35%, versus 1.37% for WELL.

Is PECO or WELL safer?

PECO has the higher dividend-safety score (70/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is PECO or WELL better value right now?

As of Nov 5, 2026, PECO looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). For WELL, its fair-value estimate is 61% below its share price.

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