Welltower Inc.
WELLReal Estate · Stock · quarterly payer
Forward Yield
1.43%
Annual Dividend
$3.40
Payout Ratio
133%
5-Yr Growth
0.9%
Ex-Date
Aug 12, 2026
Frequency
Quarterly
Summary
As of September 2026, Welltower Inc. (WELL) yields 1.43% ($3.40 per share annually), with a blended fair-value estimate of $92.97 — -61% downside, so it screens as overvalued. Dividend safety grade: B (66/100). 2 years of dividend growth.
Is WELL a good dividend stock?
Yes, with caveatsWelltower Inc. (WELL) pays a quarterly dividend yielding 1.43% ($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
- 189% total price return over 5 years
Risks
- Cut its dividend in 2020
- Elevated payout ratio (133%)
Key Data
- Dividend Yield
- 1.43%
- 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
- 0.76
- Market Cap
- $173.7B
- P/E Ratio
- 107.6
- 5-Yr Total Return
- 189%
- 52-Week Range
- $163.75 – $255.20
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
WELL Price — Last 12 Months
Daily close
Price Return
1 Year
+34%
3 Years
+191%
5 Years
+189%
52-Week Range
$163.75 – $255.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WELL worth?
Overvaluedlow confidenceOur blended fair-value estimate for Welltower Inc. is $92.97 per share, versus a market price of $238.07. That implies 61% of downside.
Fair Value
$92.97
Current Price
$238.07
Downside
-61%
Margin of Safety
-156%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.1% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.21 EPS, $3.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WELL Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 12, 2026 | — | $0.8500 | regular |
| May 13, 2026 | — | $0.7400 | regular |
| Feb 25, 2026 | — | $0.7400 | regular |
| Nov 10, 2025 | — | $0.7400 | regular |
| Aug 12, 2025 | — | $0.7400 | regular |
| May 14, 2025 | — | $0.6700 | regular |
| Feb 25, 2025 | — | $0.6700 | regular |
| Nov 13, 2024 | — | $0.6700 | regular |
| Aug 12, 2024 | — | $0.6700 | regular |
| May 10, 2024 | — | $0.6100 | regular |
| Feb 22, 2024 | — | $0.6100 | regular |
| Nov 13, 2023 | — | $0.6100 | regular |
| Aug 14, 2023 | — | $0.6100 | regular |
| May 15, 2023 | — | $0.6100 | regular |
Income Calculator
At $3.40 / yr per share
