WELL vs WHLRP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, WELL (Welltower Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. WHLRP offers the higher yield at 3.92%, WELL has the higher dividend-safety score, and WHLRP looks like the better value (its fair-value estimate is 37% below its share price).
Key facts: WELL vs WHLRP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Wheeler Real Estate Investment Trust, Inc. (WHLRP) has the higher forward dividend yield at 3.92%, versus 1.45% for Welltower Inc. (WELL).
- As of Oct 18, 2026, SmarterDividends grades WELL's dividend safety B (66/100) and WHLRP's C (52/100).
- By SmarterDividends' count as of Oct 18, 2026, WELL has raised its dividend for 2 consecutive years and WHLRP for 0.
- As of Oct 18, 2026, WELL's fair-value estimate is 59% below its share price and WHLRP's fair-value estimate is 37% below its share price, so WHLRP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "WELL vs WHLRP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/well-vs-whlrp
| Metric | WELL | WHLRP |
|---|---|---|
| Forward yield | 1.45% | 3.92% |
| Annual dividend | $3.40 | $0.45 |
| Payout ratio | 133% | — |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | 0.9% | — |
| 5-yr total return | 195% | 45% |
| Dividend safety score | 66 (B) | 52 (C) |
| Fair value estimate | $96.91 | $7.29 |
| Upside to fair value | -59% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | $169.2B | — |
| P/E ratio | 105.3 | — |
Higher yield
WHLRP
3.92%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
WHLRP
-37% upside
WELL vs WHLRP — FAQ
Is WELL or WHLRP a better dividend stock?
On the data, WELL wins more head-to-head categories (4 vs 2). WHLRP offers the higher yield (3.92%), 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, WELL or WHLRP?
WHLRP has the higher forward dividend yield at 3.92%, versus 1.45% for WELL.
Is WELL or WHLRP safer?
WELL has the higher dividend-safety score (66/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is WELL or WHLRP better value right now?
As of Oct 18, 2026, WHLRP looks like the better value: its fair-value estimate is 37% 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.