SKT vs WELL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SKT and WELL are closely matched. SKT offers the higher yield at 3.53%, WELL has the higher dividend-safety score, and SKT looks like the better value (its fair-value estimate is 31% below its share price).
Key facts: SKT vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Tanger Inc. (SKT) has the higher forward dividend yield at 3.53%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades SKT's dividend safety C (57/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, SKT has raised its dividend for 4 consecutive years and WELL for 2.
- As of Oct 18, 2026, SKT pays out 109% of its earnings as dividends and WELL pays out 133%.
- As of Oct 18, 2026, SKT's fair-value estimate is 31% below its share price and WELL's fair-value estimate is 59% below its share price, so SKT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SKT vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/skt-vs-well
| Metric | SKT | WELL |
|---|---|---|
| Forward yield | 3.53% | 1.45% |
| Annual dividend | $1.25 | $3.40 |
| Payout ratio | 109% | 133% |
| Years of growth | 4 yr | 2 yr |
| 5-yr dividend growth | -4.1% | 0.9% |
| 5-yr total return | 79% | 195% |
| Dividend safety score | 57 (C) | 66 (B) |
| Fair value estimate | $24.56 | $96.91 |
| Upside to fair value | -31% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | $4.2B | $169.2B |
| P/E ratio | 32.5 | 105.3 |
Higher yield
SKT
3.53%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
SKT
-31% upside
SKT vs WELL — FAQ
Is SKT or WELL a better dividend stock?
SKT and WELL are closely matched. SKT has the higher yield; WELL scores better on safety.
Which has a higher dividend yield, SKT or WELL?
SKT has the higher forward dividend yield at 3.53%, versus 1.45% for WELL.
Is SKT or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is SKT or WELL better value right now?
As of Oct 18, 2026, SKT 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.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.