AM vs SHEL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AM offers the higher yield at 4.36%, SHEL has the higher dividend-safety score, and AM looks like the better value (its fair-value estimate is 44% above its share price).
Key facts: AM vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Antero Midstream Corporation (AM) has the higher forward dividend yield at 4.36%, versus 2.93% for Shell plc (SHEL).
- As of Oct 18, 2026, SmarterDividends grades AM's dividend safety C (53/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 18, 2026, AM has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 18, 2026, AM pays out 108% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 18, 2026, AM's fair-value estimate is 44% above its share price and SHEL's fair-value estimate is 20% below its share price, so AM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AM vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/am-vs-shel
| Metric | AM | SHEL |
|---|---|---|
| Forward yield | 4.36% | 2.93% |
| Annual dividend | $0.90 | $3.12 |
| Payout ratio | 108% | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -6.1% | 17.2% |
| 5-yr total return | 113% | 154% |
| Dividend safety score | 53 (C) | 74 (B) |
| Fair value estimate | $29.71 | $85.55 |
| Upside to fair value | +44% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $9.8B | $303.4B |
| P/E ratio | 24.9 | 11.8 |
Higher yield
AM
4.36%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
AM
+44% upside
AM vs SHEL — FAQ
Is AM or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (6 vs 2). AM offers the higher yield (4.36%), while SHEL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AM or SHEL?
AM has the higher forward dividend yield at 4.36%, versus 2.93% for SHEL.
Is AM or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is AM or SHEL better value right now?
As of Oct 18, 2026, AM looks like the better value: its fair-value estimate is 44% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.