WELL vs WPC: Which Is the Better Dividend Stock?
As of Nov 2, 2026, WELL and WPC are closely matched. WPC offers the higher yield at 5.93%, WELL has the higher dividend-safety score, and WPC looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: WELL vs WPC
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, W. P. Carey Inc. (WPC) has the higher forward dividend yield at 5.93%, versus 1.45% for Welltower Inc. (WELL).
- As of Nov 2, 2026, SmarterDividends grades WELL's dividend safety B (66/100) and WPC's C (52/100).
- By SmarterDividends' count as of Nov 2, 2026, WELL has raised its dividend for 2 consecutive years and WPC for 1.
- As of Nov 2, 2026, WELL pays out 130% of its earnings as dividends and WPC pays out 130%.
- As of Nov 2, 2026, WELL's fair-value estimate is 59% below its share price and WPC's fair-value estimate is 13% above its share price, so WPC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "WELL vs WPC: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/well-vs-wpc
| Metric | WELL | WPC |
|---|---|---|
| Forward yield | 1.45% | 5.93% |
| Annual dividend | $3.40 | $3.80 |
| Payout ratio | 130% | 130% |
| Years of growth | 2 yr | 1 yr |
| 5-yr dividend growth | 0.9% | -2.4% |
| 5-yr total return | 195% | -14% |
| Dividend safety score | 66 (B) | 52 (C) |
| Fair value estimate | $96.91 | $72.71 |
| Upside to fair value | -59% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $172.1B | $14.8B |
| P/E ratio | 99.8 | 22.3 |
Higher yield
WPC
5.93%
Safer dividend
WELL
Grade B
Faster growth
WELL
0.9%
Better value
WPC
+13% upside
WELL vs WPC — FAQ
Is WELL or WPC a better dividend stock?
WELL and WPC are closely matched. WPC has the higher yield; WELL scores better on safety.
Which has a higher dividend yield, WELL or WPC?
WPC has the higher forward dividend yield at 5.93%, versus 1.45% for WELL.
Is WELL or WPC safer?
WELL has the higher dividend-safety score (66/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is WELL or WPC better value right now?
As of Nov 2, 2026, WPC looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). 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.