SmarterDividends

VICI vs WELL: Which Is the Better Dividend Stock?

As of Nov 5, 2026, VICI (VICI Properties Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. VICI offers the higher yield at 7.29%, VICI has the higher dividend-safety score, and VICI looks like the better value (its fair-value estimate is 110% above its share price).

Key facts: VICI vs WELL

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, VICI Properties Inc. (VICI) has the higher forward dividend yield at 7.29%, versus 1.37% for Welltower Inc. (WELL).
  • As of Nov 5, 2026, SmarterDividends grades VICI's dividend safety B (74/100) and WELL's B (66/100).
  • By SmarterDividends' count as of Nov 5, 2026, VICI has raised its dividend for 7 consecutive years and WELL for 2.
  • As of Nov 5, 2026, VICI pays out 84% of its earnings as dividends and WELL pays out 130%.
  • As of Nov 5, 2026, VICI's fair-value estimate is 110% above its share price and WELL's fair-value estimate is 61% below its share price, so VICI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "VICI vs WELL: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/vici-vs-well

MetricVICIWELL
Forward yield7.29%1.37%
Annual dividend$1.84$3.40
Payout ratio84%130%
Years of growth7 yr2 yr
5-yr dividend growth7.1%0.9%
5-yr total return-10%195%
Dividend safety score74 (B)66 (B)
Fair value estimate$52.80$96.91
Upside to fair value+110%-61%
Frequencyquarterlyquarterly
Market cap$27.6B$180.8B
P/E ratio11.6104.4

Higher yield

VICI

7.29%

Safer dividend

VICI

Grade B

Faster growth

VICI

7.1%

Better value

VICI

+110% upside

VICI vs WELL — FAQ

Is VICI or WELL a better dividend stock?

On the data, VICI wins more head-to-head categories (6 vs 2). VICI offers the higher yield (7.29%), while VICI has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, VICI or WELL?

VICI has the higher forward dividend yield at 7.29%, versus 1.37% for WELL.

Is VICI or WELL safer?

VICI has the higher dividend-safety score (74/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is VICI or WELL better value right now?

As of Nov 5, 2026, VICI looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For WELL, its fair-value estimate is 61% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.