TRTX vs WELL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TRTX offers the higher yield at 15.36%, WELL has the higher dividend-safety score, and TRTX looks like the better value (its fair-value estimate is 57% above its share price).
Key facts: TRTX vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TPG RE Finance Trust, Inc. (TRTX) has the higher forward dividend yield at 15.36%, versus 1.41% for Welltower Inc. (WELL).
- As of Oct 27, 2026, SmarterDividends grades TRTX's dividend safety D (46/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 27, 2026, TRTX has raised its dividend for 0 consecutive years and WELL for 2.
- As of Oct 27, 2026, TRTX pays out 175% of its earnings as dividends and WELL pays out 133%.
- As of Oct 27, 2026, TRTX's fair-value estimate is 57% above its share price and WELL's fair-value estimate is 60% below its share price, so TRTX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "TRTX vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/trtx-vs-well
| Metric | TRTX | WELL |
|---|---|---|
| Forward yield | 15.36% | 1.41% |
| Annual dividend | $0.96 | $3.40 |
| Payout ratio | 175% | 133% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | -6.1% | 0.9% |
| 5-yr total return | -49% | 198% |
| Dividend safety score | 46 (D) | 66 (B) |
| Fair value estimate | $9.78 | $96.91 |
| Upside to fair value | +57% | -60% |
| Frequency | quarterly | quarterly |
| Market cap | $483.2M | $173.4B |
| P/E ratio | 11.4 | 107.9 |
Higher yield
TRTX
15.36%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
TRTX
+57% upside
TRTX vs WELL — FAQ
Is TRTX or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (6 vs 2). TRTX offers the higher yield (15.36%), 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, TRTX or WELL?
TRTX has the higher forward dividend yield at 15.36%, versus 1.41% for WELL.
Is TRTX or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is TRTX or WELL better value right now?
As of Oct 27, 2026, TRTX looks like the better value: its fair-value estimate is 57% 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.