Welltower Inc. (WELL) to Distribute Quarterly Dividend of $0.85 on August 20th

Welltower Inc. (NYSE:WELL) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Wednesday, August 12th will be paid a dividend of 0.85 per share by the real estate investment trust on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 12th. This is a 14.9% increase from Welltower’s previous quarterly dividend of $0.74.

Welltower has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Welltower has a dividend payout ratio of 126.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Welltower to earn $7.29 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 40.6%.

Welltower Trading Down 1.8%

NYSE:WELL opened at $243.88 on Wednesday. The firm has a market cap of $172.16 billion, a PE ratio of 111.87, a price-to-earnings-growth ratio of 1.22 and a beta of 0.77. The stock has a fifty day moving average price of $223.01 and a 200 day moving average price of $209.87. Welltower has a 12-month low of $160.51 and a 12-month high of $255.20. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.40.

Welltower (NYSE:WELL) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). The company had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Welltower had a return on equity of 3.67% and a net margin of 12.15%.Welltower’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 EPS. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Sell-side analysts anticipate that Welltower will post 6.32 earnings per share for the current fiscal year.

Welltower Company Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.