TWO-PC vs WELL: Which Is the Better Dividend Stock?
As of Oct 8, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TWO-PC offers the higher yield at 9.14%, WELL has the higher dividend-safety score, and TWO-PC looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: TWO-PC vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, Two Harbors Investment Corp. (TWO-PC) has the higher forward dividend yield at 9.14%, versus 1.54% for Welltower Inc. (WELL).
- As of Oct 8, 2026, SmarterDividends grades TWO-PC's dividend safety D (45/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 8, 2026, TWO-PC has raised its dividend for 1 consecutive years and WELL for 2.
- As of Oct 8, 2026, TWO-PC's fair-value estimate is 16% above its share price and WELL's fair-value estimate is 57% below its share price, so TWO-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "TWO-PC vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 8, 2026, https://smarterdividends.com/compare/two-pc-vs-well
| Metric | TWO-PC | WELL |
|---|---|---|
| Forward yield | 9.14% | 1.54% |
| Annual dividend | $2.32 | $3.40 |
| Payout ratio | — | 133% |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | 4.6% | 0.9% |
| 5-yr total return | 1% | 183% |
| Dividend safety score | 45 (D) | 66 (B) |
| Fair value estimate | $29.33 | $95.72 |
| Upside to fair value | +16% | -57% |
| Frequency | quarterly | quarterly |
| Market cap | — | $159.3B |
| P/E ratio | 7.0 | 99.2 |
Higher yield
TWO-PC
9.14%
Safer dividend
WELL
Grade B
Faster growth
TWO-PC
4.6%
Better value
TWO-PC
+16% upside
TWO-PC vs WELL — FAQ
Is TWO-PC or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (4 vs 3). TWO-PC offers the higher yield (9.14%), 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, TWO-PC or WELL?
TWO-PC has the higher forward dividend yield at 9.14%, versus 1.54% for WELL.
Is TWO-PC or WELL safer?
WELL has the higher dividend-safety score (66/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.
Is TWO-PC or WELL better value right now?
As of Oct 8, 2026, TWO-PC looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For WELL, its fair-value estimate is 57% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.