RWT vs WELL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RWT offers the higher yield at 22.29%, WELL has the higher dividend-safety score, and RWT looks like the better value (its fair-value estimate is 202% above its share price).
Key facts: RWT vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Redwood Trust, Inc. (RWT) has the higher forward dividend yield at 22.29%, versus 1.41% for Welltower Inc. (WELL).
- As of Oct 27, 2026, SmarterDividends grades RWT's dividend safety D (42/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 27, 2026, RWT has raised its dividend for 1 consecutive years and WELL for 2.
- As of Oct 27, 2026, RWT pays out 329% of its earnings as dividends and WELL pays out 133%.
- As of Oct 27, 2026, RWT's fair-value estimate is 202% above its share price and WELL's fair-value estimate is 60% below its share price, so RWT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "RWT vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/rwt-vs-well
| Metric | RWT | WELL |
|---|---|---|
| Forward yield | 22.29% | 1.41% |
| Annual dividend | $0.72 | $3.40 |
| Payout ratio | 329% | 133% |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | 5.9% | 0.9% |
| 5-yr total return | -75% | 198% |
| Dividend safety score | 42 (D) | 66 (B) |
| Fair value estimate | $9.76 | $96.91 |
| Upside to fair value | +202% | -60% |
| Frequency | quarterly | quarterly |
| Market cap | $405.7M | $173.4B |
| P/E ratio | — | 107.9 |
Higher yield
RWT
22.29%
Safer dividend
WELL
Grade B
Faster growth
RWT
5.9%
Better value
RWT
+202% upside
RWT vs WELL — FAQ
Is RWT or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (5 vs 3). RWT offers the higher yield (22.29%), while WELL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, RWT or WELL?
RWT has the higher forward dividend yield at 22.29%, versus 1.41% for WELL.
Is RWT or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.
Is RWT or WELL better value right now?
As of Oct 27, 2026, RWT looks like the better value: its fair-value estimate is 202% above its share price (undervalued). For WELL, its fair-value estimate is 60% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.