SmarterDividends
WELL

Welltower Inc.

WELL

Real Estate · REIT - Healthcare Facilities · Stock · quarterly payer

$234.85

Overvalued · -59% Add to Portfolio

Forward Yield

1.45%

Annual Dividend

$3.40

Payout Ratio

133%

5-Yr Growth

0.9%

Ex-Date

Aug 12, 2026

Frequency

Quarterly

Key facts about WELL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, Welltower Inc. (WELL) has a forward dividend yield of 1.45%, based on an annual dividend of $3.40 per share and a share price of $234.85.
  • As of Oct 19, 2026, WELL's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Welltower Inc. (WELL) has raised its dividend for 2 consecutive years as of Oct 19, 2026.
  • WELL last cut its regular dividend in 2020.
  • WELL's most recent ex-dividend date was Aug 12, 2026, for a dividend of $0.85 per share.
  • As of Oct 19, 2026, WELL pays out 133% of its trailing 12-month earnings as dividends (its payout ratio).
  • WELL's dividend has grown at an average rate of 0.9% a year over the past five years.
  • As of Oct 19, 2026, WELL's 1.45% yield is 45% below its five-year average yield of 2.65%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for WELL is $96.91 per share, 59% below the $234.85 share price, so WELL screens as overvalued.
  • Welltower Inc. (WELL) pays its dividend quarterly, 4 times a year.
  • Welltower Inc. (WELL) has raised its regular dividend 52 times and cut it 3 times across the 160 payments on record since 1987. Its most recent change was a 14.9% increase to $0.850 per share, going ex-dividend on Aug 12, 2026. The last cut went ex-dividend on May 18, 2020.
Cite this page

SmarterDividends, "WELL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/WELL

Summary

As of Oct 19, 2026, Welltower Inc. (WELL) yields 1.45% ($3.40 a year per share), has a dividend safety grade of B (66/100) and has 2 consecutive years of dividend increases on record.

Is WELL a good dividend stock?

Yes, with caveats

Welltower Inc. (WELL) pays a quarterly dividend yielding 1.45% ($3.40/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 195% total price return over 5 years

Risks

  • Cut its dividend in 2020
  • Elevated payout ratio (133%)

Key Data

Dividend Yield
1.45%
Payout Ratio
133%
Annual Dividend
$3.40
5-Yr Avg Growth
0.9%
Ex-Dividend Date
Aug 12, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.75
Market Cap
$169.2B
P/E Ratio
105.3
5-Yr Total Return
195%
52-Week Range
$173.13 – $255.20
Dividend Safety
B · 66/100
Ever Cut?
Yes (2020)

WELL dividend raises and cuts

Welltower Inc. (WELL) has raised its regular dividend 52 times and cut it 3 times across the 160 payments on record since 1987. Its most recent change was a 14.9% increase to $0.850 per share, going ex-dividend on Aug 12, 2026. The last cut went ex-dividend on May 18, 2020.

Ex-dateChangeOld → newMove
Aug 12, 2026Raise$0.740 → $0.850+14.9%
Aug 12, 2025Raise$0.670 → $0.740+10.4%
Aug 12, 2024Raise$0.610 → $0.670+9.8%
May 18, 2020Cut$0.870 → $0.610−29.9%
Feb 3, 2017Raise$0.860 → $0.870+1.2%
Feb 5, 2016Raise$0.825 → $0.860+4.2%
Feb 6, 2015Raise$0.795 → $0.825+3.8%
Feb 6, 2014Raise$0.765 → $0.795+3.9%
Feb 1, 2013Raise$0.740 → $0.765+3.4%
Feb 3, 2012Raise$0.715 → $0.740+3.5%
May 6, 2011Raise$0.690 → $0.715+3.6%
Aug 5, 2010Raise$0.680 → $0.690+1.5%
Show all 55 changes since 1987
Ex-dateChangeOld → newMove
Apr 30, 2008Raise$0.660 → $0.680+3.0%
May 2, 2007Raise$0.341 → $0.660+93.5%
Dec 20, 2006Cut$0.640 → $0.341−46.7%
Apr 26, 2006Raise$0.620 → $0.640+3.2%
Apr 27, 2005Raise$0.600 → $0.620+3.3%
Apr 28, 2004Raise$0.585 → $0.600+2.6%
Apr 28, 2000Raise$0.580 → $0.585+0.9%
Jan 28, 2000Raise$0.575 → $0.580+0.9%
Oct 29, 1999Raise$0.570 → $0.575+0.9%
Jul 30, 1999Raise$0.565 → $0.570+0.9%
Apr 30, 1999Raise$0.560 → $0.565+0.9%
Jan 29, 1999Raise$0.555 → $0.560+0.9%
Oct 30, 1998Raise$0.550 → $0.555+0.9%
Jul 31, 1998Raise$0.545 → $0.550+0.9%
May 1, 1998Raise$0.540 → $0.545+0.9%
Jan 30, 1998Raise$0.535 → $0.540+0.9%
Oct 30, 1997Raise$0.530 → $0.535+0.9%
Jul 31, 1997Raise$0.525 → $0.530+1.0%
May 1, 1997Raise$0.520 → $0.525+1.0%
May 1, 1995Raise$0.515 → $0.520+1.0%
Jan 30, 1995Raise$0.510 → $0.515+1.0%
Oct 31, 1994Raise$0.505 → $0.510+1.0%
Aug 1, 1994Raise$0.500 → $0.505+1.0%
May 2, 1994Raise$0.495 → $0.500+1.0%
Jan 31, 1994Raise$0.490 → $0.495+1.0%
Oct 27, 1993Raise$0.485 → $0.490+1.0%
Jul 28, 1993Raise$0.480 → $0.485+1.0%
Apr 30, 1993Raise$0.475 → $0.480+1.1%
Jan 26, 1993Raise$0.470 → $0.475+1.1%
Oct 28, 1992Raise$0.465 → $0.470+1.1%
Jul 29, 1992Raise$0.460 → $0.465+1.1%
Apr 29, 1992Raise$0.455 → $0.460+1.1%
Jan 24, 1992Raise$0.450 → $0.455+1.1%
Oct 25, 1991Raise$0.445 → $0.450+1.1%
Jul 26, 1991Raise$0.440 → $0.445+1.1%
Apr 26, 1991Raise$0.435 → $0.440+1.1%
Jan 25, 1991Raise$0.430 → $0.435+1.2%
Jan 25, 1990Raise$0.420 → $0.430+2.4%
Jul 26, 1989Raise$0.400 → $0.420+5.0%
Apr 26, 1989Raise$0.380 → $0.400+5.3%
Oct 25, 1988Cut$0.440 → $0.380−13.6%
Jan 27, 1988Raise$0.420 → $0.440+4.8%
Apr 28, 1987Raise$0.390 → $0.420+7.7%
Every WELL payment →Download every raise and cut (CSV)
WELL ex-dividend date & scheduleNext ex-date Aug 12, 2026 · full ex-dividend historyView →WELL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WELL a good dividend stock?

Yes, with caveats. Welltower Inc. (WELL) pays a quarterly dividend yielding 1.45% ($3.40/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is WELL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WELL's fair value is about $96.91 versus a $234.85 share price — so it looks overvalued (-59% vs. fair value).

Is WELL's dividend safe?

WELL has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is WELL's fair value?

Our blended fair-value estimate for WELL is about $96.91 per share, about 59% below the current $234.85 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WELL a buy, hold, or sell?

We don't issue formal ratings, but on the data WELL screens as "yes, with caveats" and overvalued. Welltower Inc. (WELL) pays a quarterly dividend yielding 1.45% ($3.40/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will WELL cut its dividend?

WELL earns a dividend-safety grade of B (66/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WELL pay a dividend?

Yes. Welltower Inc. pays a quarterly dividend of about $3.40 per share annually, a forward yield of roughly 1.45%.

What is WELL's dividend yield?

As of Oct 19, 2026, WELL's forward dividend yield is 1.45%, based on a $3.40 annual dividend and a $234.85 share price.

What is WELL's dividend per share?

As of Oct 19, 2026, WELL pays $3.40 per share per year, distributed on a quarterly basis.

What is WELL's dividend payout ratio?

As of Oct 19, 2026, WELL's payout ratio is 133% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has WELL grown its dividend?

As of Oct 19, 2026, WELL has increased its dividend for 2 consecutive years.

When is the next WELL ex-dividend date?

As of Oct 19, 2026, WELL's next ex-dividend date hasn't been announced. The most recent was Aug 12, 2026, for $0.85 per share.

WELL Dividend News

WELL
IncreaseWELL·Aug 24, 2026

Welltower Raises Quarterly Dividend 14.9% to $0.85

Welltower raised its quarterly dividend 14.9% to $0.85 as senior-housing growth improved cash flow, while its 1.48% yield trails real estate peers.

Income Calculator

At $3.40 / yr per share

Per payment (quarterly)$85.00
Annual$340.00
Monthly avg$28.33

Similar Dividend Stocks

PLDPLDPrologis, Inc.3.40%Real EstateEQIXEQIXEquinix, Inc.2.09%Real EstateAMTAMTAmerican Tower Corporation3.86%Real EstateSPGSPGSimon Property Group, Inc.4.33%Real Estate

Compare WELL

WELL vs PLDWELL vs EQIXWELL vs AMTWELL vs SPG

Explore more

Lists and tools related to WELL