The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Aug 10, 2026
Snapshot (as of Aug 10, 2026): Welltower Inc. (WELL) pays a $2.96 annual dividend ($0.85 quarterly), yielding 1.25% at $236.92/share. Next ex-dividend date 2026-08-12. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.25%
Annual Dividend: $2.96 per share
Payout Ratio: 152.4% (based on depressed trailing earnings — see safety analysis below)
Ex-Dividend Date: 2026-08-12
Dividend Frequency: quarterly
Sector: Real Estate
Years of Dividend History: 42
Welltower Inc. dividend investors are looking at a healthcare REIT that owns seniors housing, post-acute care communities, and outpatient medical facilities across the U.S., Canada, and the United Kingdom. WELL currently pays $2.96 per share annually, with dividends distributed quarterly and the next ex-dividend date set for August 12, 2026. The current yield sits at 1.25%. With a beta of 0.763, WELL stock moves less than the broader market, which appeals to investors who prioritize lower volatility over high current income.
Welltower Inc. pays out 152.4% of earnings as dividends, a payout ratio classified as high (above 75%). That figure exceeds 100%, meaning the dividend is not currently covered by reported earnings alone. Welltower Inc. dividend safety is a real concern here, and the most significant data-supported pressure point is that the payout ratio leaves no margin for an earnings shortfall without drawing on other sources of cash.
Welltower Inc. dividend history shows a CAGR of 0.2% per year from 2010 to 2025. Per-share, that means the annual dividend moved from $2.74 to $2.82 over 15 years (with 2026 a partial year and excluded from this calculation). The largest annual increase in the window was 10.2% in 2025, but the history also contains at least one year-over-year decline exceeding 5%, which pulled the long-run average down sharply. Growth is slow, and that limits upside for investors counting on rising income.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +4.9% | $2.44 (2022) | $2.82 (2025) |
| 5-Year | +0.9% | $2.70 (2020) | $2.82 (2025) |
| 10-Year | -1.6% | $3.30 (2015) | $2.82 (2025) |
WELL stock fits dividend investors who want exposure to healthcare real estate with below-average market volatility, not those chasing high current income. The yield is low (below 2%), and at 1.25% it sits above the 5-year average of 1.07%, so the current entry point offers slightly more income than the historical norm. The trade-off is a payout ratio of 152.4% and a 15-year dividend CAGR of just 0.2%. What an investor gets is a low-beta healthcare REIT with a modest but real income stream. What they accept is a dividend that has been cut before and grows at a pace that barely outpaces zero.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-12 | $0.8500 |
| 2026-05-13 | $0.7400 |
| 2026-02-25 | $0.7400 |
| 2025-11-10 | $0.7400 |
| 2025-08-12 | $0.7400 |
| 2025-05-14 | $0.6700 |
| 2025-02-25 | $0.6700 |
| 2024-11-13 | $0.6700 |
| 2024-08-12 | $0.6700 |
| 2024-05-10 | $0.6100 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.3300 |
| 2025 | $2.8200 |
| 2024 | $2.5600 |
| 2023 | $2.4400 |
| 2022 | $2.4400 |
Project income from WELL with the WELL dividend calculator or track your full portfolio with the dividend tracker.