BP vs SHEL: Which Is the Better Dividend Stock?
As of July 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. BP offers the higher yield at 4.77%, SHEL has the higher dividend-safety score, and SHEL trades at the larger discount to fair value (+30%).
| Metric | BP | SHEL |
|---|---|---|
| Forward yield | 4.77% | 3.58% |
| Annual dividend | $2.00 | $3.12 |
| Payout ratio | 160% | 45% |
| Years of growth | 4 yr | 5 yr |
| 5-yr dividend growth | 0.7% | 17.2% |
| 5-yr total return | 71% | 120% |
| Dividend safety score | 65 (C) | 73 (B) |
| Fair value estimate | $38.45 | $113.22 |
| Upside to fair value | -8% | +30% |
| Frequency | quarterly | quarterly |
| Market cap | $108.2B | $238.5B |
| P/E ratio | 33.9 | 13.6 |
Higher yield
BP
4.77%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
SHEL
+30% upside
BP vs SHEL — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.