REG vs WELL: Which Is the Better Dividend Stock?
As of Nov 12, 2026, REG (Regency Centers Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. REG offers the higher yield at 4.20%, REG has the higher dividend-safety score, and REG looks like the better value (its fair-value estimate is 35% below its share price).
Key facts: REG vs WELL
Data as of · Source: SmarterDividends data
- As of Nov 12, 2026, Regency Centers Corporation (REG) has the higher forward dividend yield at 4.20%, versus 1.37% for Welltower Inc. (WELL).
- As of Nov 12, 2026, SmarterDividends grades REG's dividend safety B (78/100) and WELL's B (66/100).
- By SmarterDividends' count as of Nov 12, 2026, REG has raised its dividend for 12 consecutive years and WELL for 2.
- As of Nov 12, 2026, REG pays out 108% of its earnings as dividends and WELL pays out 130%.
- As of Nov 12, 2026, REG's fair-value estimate is 35% below its share price and WELL's fair-value estimate is 62% below its share price, so REG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "REG vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 12, 2026, https://smarterdividends.com/compare/reg-vs-well
| Metric | REG | WELL |
|---|---|---|
| Forward yield | 4.20% | 1.37% |
| Annual dividend | $3.20 | $3.40 |
| Payout ratio | 108% | 130% |
| Years of growth | 12 yr | 2 yr |
| 5-yr dividend growth | 3.8% | 0.9% |
| 5-yr total return | 8% | 208% |
| Dividend safety score | 78 (B) | 66 (B) |
| Fair value estimate | $49.43 | $93.33 |
| Upside to fair value | -35% | -62% |
| Frequency | quarterly | quarterly |
| Market cap | $14.2B | $181.5B |
| P/E ratio | 27.3 | 104.8 |
Higher yield
REG
4.20%
Safer dividend
REG
Grade B
Faster growth
REG
3.8%
Better value
REG
-35% upside
REG vs WELL — FAQ
Is REG or WELL a better dividend stock?
On the data, REG wins more head-to-head categories (6 vs 2). REG offers the higher yield (4.20%), while REG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, REG or WELL?
REG has the higher forward dividend yield at 4.20%, versus 1.37% for WELL.
Is REG or WELL safer?
REG has the higher dividend-safety score (78/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is REG or WELL better value right now?
As of Nov 12, 2026, REG looks like the better value: its fair-value estimate is 35% below its share price (overvalued). For WELL, its fair-value estimate is 62% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.