SHO vs WELL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SHO and WELL are closely matched. SHO offers the higher yield at 3.04%, WELL has the higher dividend-safety score, and SHO looks like the better value (its fair-value estimate is 31% below its share price).
Key facts: SHO vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Sunstone Hotel Investors, Inc. (SHO) has the higher forward dividend yield at 3.04%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades SHO's dividend safety C (59/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, SHO has raised its dividend for 3 consecutive years and WELL for 2.
- As of Oct 18, 2026, SHO pays out 171% of its earnings as dividends and WELL pays out 133%.
- As of Oct 18, 2026, SHO's fair-value estimate is 31% below its share price and WELL's fair-value estimate is 59% below its share price, so SHO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHO vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/sho-vs-well
| Metric | SHO | WELL |
|---|---|---|
| Forward yield | 3.04% | 1.45% |
| Annual dividend | $0.36 | $3.40 |
| Payout ratio | 171% | 133% |
| Years of growth | 3 yr | 2 yr |
| 5-yr dividend growth | 12.5% | 0.9% |
| 5-yr total return | 9% | 195% |
| Dividend safety score | 59 (C) | 66 (B) |
| Fair value estimate | $8.13 | $96.91 |
| Upside to fair value | -31% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | $2.2B | $169.2B |
| P/E ratio | 56.3 | 105.3 |
Higher yield
SHO
3.04%
Safer dividend
WELL
Grade B
Faster growth
SHO
12.5%
Better value
SHO
-31% upside
SHO vs WELL — FAQ
Is SHO or WELL a better dividend stock?
SHO and WELL are closely matched. SHO has the higher yield; WELL scores better on safety.
Which has a higher dividend yield, SHO or WELL?
SHO has the higher forward dividend yield at 3.04%, versus 1.45% for WELL.
Is SHO or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is SHO or WELL better value right now?
As of Oct 18, 2026, SHO looks like the better value: its fair-value estimate is 31% below its share price (overvalued). For WELL, its fair-value estimate is 59% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.