Welltower Inc. (WELL) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
WELL Dividend Income Check
Safety
2.0% payout ratio with sustainable safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 4.6% and trend is rising.
WELL Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WELL Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
WELL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Welltower Inc. distributes 2.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 76.2%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
WELL has raised its dividend for 2 consecutive years, with a 3-year CAGR of 4.9% and 5-year CAGR of 0.9%.
Total Shareholder Returns
Beyond cash dividends, WELL returns capital through share repurchases. The combined picture: 1.3% dividend yield, 1.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.6% and is currently rising. The 5-year total return is 212.6%, with dividends contributing 17.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $33,021 today.
WELL Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 13, 2026Latest | $0.7400 | — | 1.36% | May 21, 2026 |
| Feb 25, 2026 | $0.7400 | — | 1.39% | Mar 10, 2026 |
| Nov 10, 2025 | $0.7400 | — | 1.48% | Nov 20, 2025 |
| Aug 12, 2025 | $0.7400 | ↑ +10.4% | 1.67% | Aug 21, 2025 |
| May 14, 2025 | $0.6700 | — | 1.87% | May 22, 2025 |
| Feb 25, 2025 | $0.6700 | — | 1.73% | Mar 6, 2025 |
| Nov 13, 2024 | $0.6700 | — | 1.90% | Nov 21, 2024 |
| Aug 12, 2024 | $0.6700 | ↑ +9.8% | 2.14% | Aug 21, 2024 |
WELL Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $150.1B | 1.3% | 2.0% | 2 | Sustainable | |
| $41.3B | 2.1% | 3.4% | 1 | Sustainable | |
| $13.7B | 5.4% | 1.3% | 0 | Sustainable | |
3rd | $5.1B | 5.8% | 1.9% | 0 | Sustainable |
| $3.5B | 4.9% | 1.2% | 1 | Sustainable | |
| $6.9B | 5.6% | — | 0 | Unknown | |
1st | $94M | 63.5% | 9.0% | 5 | Sustainable |
2nd | $504M | 11.3% | 10.5% | 11 | Sustainable |
WELL Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.48 | — | 2 | — | — | — | 2.4% |
| 2025 | $2.82 | 10.2% | 4 | $1.39 | 202.9% | 0.49x | 4.6% |
| 2024 | $2.56 | 4.9% | 4 | $1.57 | 163.1% | 0.61x | 4.2% |
| 2023 | $2.44 | 0.0% | 4 | $0.66 | 369.7% | 0.27x | 4.0% |
| 2022 | $2.44 | 0.0% | 4 | $0.30 | 813.3% | 0.12x | 4.0% |
| 2021 | $2.44 | -9.6% | 4 | $0.78 | 312.8% | 0.32x | 4.0% |
| 2020 | $2.70 | -22.4% | 4 | $2.33 | 115.9% | 0.86x | 4.4% |
| 2019 | $3.48 | 0.0% | 4 | $3.05 | 114.1% | 0.88x | 5.6% |
| 2018 | $3.48 | 0.0% | 4 | $2.02 | 172.3% | 0.58x | 5.6% |
| 2017 | $3.48 | 1.2% | 4 | $1.26 | 276.2% | 0.36x | 5.6% |
Full WELL Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WELL's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonWELL — Frequently Asked Questions
Quick answers to the most common questions about buying WELL stock.
How much dividend does WELL pay per share?
Welltower Inc. (WELL) pays a trailing 12-month dividend of $2.76 per share, with a current dividend yield of +1.3%. Payments are made Semi-Annual.
When is WELL's next ex-dividend date?
WELL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WELL typically pays dividends Semi-Annual.
Is WELL's dividend safe?
WELL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.0% and FCF payout ratio of +76.2%. The 2-year growth streak provides moderate confidence.
How many years has WELL increased its dividend?
WELL has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +0.9%.
How often does WELL pay dividends?
Welltower Inc. pays dividends Semi-Annual. The trailing 12-month total is $2.76 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in WELL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WELL five years ago would be worth approximately $31,264 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WELL's yield on cost for long-term holders?
WELL's yield on cost — the current dividend divided by the original purchase price — is +4.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.3% market yield, thanks to consistent dividend growth.