Data as of the October 19, 2026 close. Every figure on this page is checked against at least two independent sources, or two separate SEC filings, before it is published. How we verify data.
Healthpeak Properties (DOC) and Ventas (VTR) are both healthcare REITs, with Healthpeak Properties classed as Medical Office & Lab and Ventas as Senior Housing & Research. Here is how they compare on verified numbers as of the October 19, 2026 close, from dividends and debt to rate sensitivity and returns this year.
| Measure | Healthpeak Properties (DOC) | Ventas (VTR) |
|---|---|---|
| Share price | $18.40 | $84.51 |
| Market cap | $12.7B | $43.3B |
| Dividend yield | 6.65% | 2.46% |
| Annual dividend per share | $1.22† | $2.08 |
| Pays | Monthly | Quarterly |
| Consecutive years of dividend increases | n/a | 1 |
| Dividend increase in 2026 (confirmed in filings) | No increase | +8.3% |
| Liabilities to assets | 56.2% (June 30) | 48.7% (June 30) |
| Revenue growth, latest quarter vs a year earlier | +11.1% | +21.7% |
| Price change year to date | +14.4% | +9.2% |
| Price change since Sept. 15 | -8.7% | -4.6% |
| 52-week range (closing) | $15.78 to $22.82 | $69.78 to $100.53 |
| Typical move per 0.25-point rise in the 10-year yield | -2.9% | -1.9% |
| REIT Rankings grade | B 72 | B 79 |
| Third-quarter 2026 results | Not yet filed; page updates when it is | Not yet filed; page updates when it is |
† The current dividend rate is above the per-share dividend in the latest 10-Q, consistent with a recent increase. The prior rate is confirmed by the filing; the new rate comes from payment records and is confirmed when the next 10-Q is filed.
Who Leads on Each Measure
| Measure | Leader |
|---|---|
| Higher dividend yield | Healthpeak Properties |
| Lower leverage | Ventas |
| Less sensitive to rising rates | Ventas |
| Better price change this year | Healthpeak Properties |
| Higher REIT Rankings grade | Ventas |
Where They Differ
Healthpeak Properties pays the higher yield, 6.65% against 2.46% for Ventas. Healthpeak Properties carries more leverage, with liabilities equal to 56.2% of assets against 48.7%. Over the past year Healthpeak Properties has been more sensitive to Treasury yields, typically moving -2.9% for each 0.25-point rise in the 10-year yield against -1.9% for Ventas. This year Healthpeak Properties shares have moved +14.4% and Ventas shares +9.2%.
Read the full profiles for portfolio, tenant and balance sheet detail: Healthpeak Properties and Ventas.
How These Numbers Are Checked
Prices, returns and 52-week ranges are computed separately from Nasdaq and Cboe records and must agree. Dividend rates are checked against the per-share dividends in each company’s latest 10-Q, growth streaks against their 10-K filings, and leverage and revenue come from the balance sheets and income statements filed with the SEC. Third-quarter results replace the latest-quarter figures as soon as each company files. How we verify data.
Frequently Asked Questions
Which pays a higher dividend, DOC or VTR?
Healthpeak Properties yields 6.65% and pays $1.22 a share a year (monthly); Ventas yields 2.46% and pays $2.08 (quarterly), as of October 19, 2026.
Which has raised its dividend longer, DOC or VTR?
Healthpeak Properties: streak not yet verified; Ventas: 1 consecutive years of increases.
Which has more debt, DOC or VTR?
On the latest balance sheets, Healthpeak Properties’s liabilities equal 56.2% of total assets and Ventas’s equal 48.7%. Book leverage is one measure; debt maturities and interest coverage matter too.
Which is more sensitive to interest rates, DOC or VTR?
Over the past year, Healthpeak Properties has typically moved -2.9% and Ventas -1.9% for each 0.25-point rise in the 10-year Treasury yield. Since September 15, 2026, Healthpeak Properties has moved -8.7% and Ventas -4.6%.
Is DOC or VTR the better investment?
REIT Rankings does not make buy, sell or hold calls. On our grades, which measure dividend safety, balance sheet, portfolio, growth and valuation, Healthpeak Properties scores 72 and Ventas scores 79, so Ventas rates higher on business quality. Which suits you depends on whether you value current yield, dividend growth or lower rate risk more.
Related Pages
Best Healthcare REITs · Welltower vs. Ventas · All REIT comparisons
REIT Rankings publishes data and grades, not investment advice. Nothing on this page is a recommendation to buy, sell or hold any security. Do your own research or consult a licensed advisor.
