VNORP vs WELL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VNORP offers the higher yield at 4.45%, VNORP has the higher dividend-safety score, and VNORP looks like the better value (its fair-value estimate is 39% below its share price).
Key facts: VNORP vs WELL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Vornado Realty Trust (VNORP) has the higher forward dividend yield at 4.45%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades VNORP's dividend safety B (79/100) and WELL's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, VNORP has raised its dividend for 0 consecutive years and WELL for 2.
- As of Oct 18, 2026, VNORP's fair-value estimate is 39% below its share price and WELL's fair-value estimate is 59% below its share price, so VNORP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "VNORP vs WELL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/vnorp-vs-well
| Metric | VNORP | WELL |
|---|---|---|
| Forward yield | 4.45% | 1.45% |
| Annual dividend | $3.25 | $3.40 |
| Payout ratio | — | 133% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 0.9% |
| 5-yr total return | -40% | 195% |
| Dividend safety score | 79 (B) | 66 (B) |
| Fair value estimate | $30.74 | $96.91 |
| Upside to fair value | -39% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | — | $169.2B |
| P/E ratio | 77.8 | 105.3 |
Higher yield
VNORP
4.45%
Safer dividend
VNORP
Grade B
Faster growth
WELL
0.9%
Better value
VNORP
-39% upside
VNORP vs WELL — FAQ
Is VNORP or WELL a better dividend stock?
On the data, WELL wins more head-to-head categories (4 vs 3). VNORP offers the higher yield (4.45%), while VNORP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, VNORP or WELL?
VNORP has the higher forward dividend yield at 4.45%, versus 1.45% for WELL.
Is VNORP or WELL safer?
VNORP has the higher dividend-safety score (79/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is VNORP or WELL better value right now?
As of Oct 18, 2026, VNORP looks like the better value: its fair-value estimate is 39% 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.