WELLTOWER INC. (WELL) closed fiscal year 2025 with 697 M shares outstanding and a dividend of 2.82 USD per share.
WELLTOWER INC. (WELL) closed fiscal year 2025 with 697 M shares outstanding and a dividend of 2.82 USD per share. Over the year the share count rose by 61.2 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 464.5 %. The dividend per share was 2.82 USD, up 10.2 % year on year. Total dividends paid came to 1.88 B USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 123M | 147M | 192M | 260M | 290M | 329M | 355M | 363M | 372M | 384M | 410M | 417M | 447M | 491M | 564M | 635M | 697M |
| Shares issued — SBC/options | 29.1M | 23.7M | 45.2M | 68.1M | 29.2M | 39.2M | 26.0M | 7.82M | 9.13M | 11.9M | 26.6M | 7.14M | 29.8M | 43.3M | 73.7M | 71.0M | 61.2M |
| Shares issued (%) | 23.57 % | 16.12 % | 23.50 % | 26.15 % | 10.08 % | 11.93 % | 7.33 % | 2.16 % | 2.46 % | 3.11 % | 6.48 % | 1.71 % | 6.67 % | 8.82 % | 13.07 % | 11.18 % | 8.79 % |
| Shares repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares repurchased (%) | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | 29.1M | 23.7M | 45.2M | 68.1M | 29.2M | 39.2M | 26.0M | 7.82M | 9.13M | 11.9M | 26.6M | 7.14M | 29.8M | 43.3M | 73.7M | 71.0M | 61.2M |
| Net addition/reduction (%) | 23.57 % | 16.12 % | 23.50 % | 26.15 % | 10.08 % | 11.93 % | 7.33 % | 2.16 % | 2.46 % | 3.11 % | 6.48 % | 1.71 % | 6.67 % | 8.82 % | 13.07 % | 11.18 % | 8.79 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 2.72 | 2.74 | 2.84 | 2.96 | 3.06 | 3.18 | 3.30 | 3.44 | 3.48 | 3.48 | 3.48 | 2.70 | 2.44 | 2.44 | 2.44 | 2.56 | 2.82 |
| Payout Ratio (%) | 161.31 % | 271.21 % | 222.30 % | 219.78 % | 579.07 % | 189.33 % | 129.53 % | 114.45 % | 244.34 % | 161.52 % | 114.00 % | 114.44 % | 308.56 % | 802.46 % | 370.39 % | 162.48 % | 200.38 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 0.31B | 0.35B | 0.48B | 0.65B | 0.84B | 0.97B | 1.14B | 1.23B | 1.28B | 1.30B | 1.40B | 1.12B | 1.04B | 1.13B | 1.26B | 1.55B | 1.88B |
| Dividend Yield (%) | 5.89 % | 5.76 % | 5.25 % | 4.87 % | 5.75 % | 4.14 % | 4.89 % | 5.26 % | 5.46 % | 5.02 % | 4.30 % | 4.29 % | 2.88 % | 3.76 % | 2.68 % | 2.05 % | 1.50 % |
Figures in USD