DHT vs SHEL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, DHT and SHEL are closely matched. DHT offers the higher yield at 19.84%, SHEL has the higher dividend-safety score, and DHT looks like the better value (its fair-value estimate is 20% above its share price).
Key facts: DHT vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, DHT Holdings, Inc. (DHT) has the higher forward dividend yield at 19.84%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades DHT's dividend safety D (46/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, DHT has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, DHT pays out 50% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 27, 2026, DHT's fair-value estimate is 20% above its share price and SHEL's fair-value estimate is 20% below its share price, so DHT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DHT vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/dht-vs-shel
| Metric | DHT | SHEL |
|---|---|---|
| Forward yield | 19.84% | 2.92% |
| Annual dividend | $4.88 | $3.12 |
| Payout ratio | 50% | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -13.9% | 17.2% |
| 5-yr total return | 343% | 157% |
| Dividend safety score | 46 (D) | 74 (B) |
| Fair value estimate | $29.49 | $85.61 |
| Upside to fair value | +20% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $4.0B | $303.7B |
| P/E ratio | 8.4 | 11.8 |
Higher yield
DHT
19.84%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
DHT
+20% upside
DHT vs SHEL — FAQ
Is DHT or SHEL a better dividend stock?
DHT and SHEL are closely matched. DHT has the higher yield; SHEL scores better on safety.
Which has a higher dividend yield, DHT or SHEL?
DHT has the higher forward dividend yield at 19.84%, versus 2.92% for SHEL.
Is DHT or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is DHT or SHEL better value right now?
As of Oct 27, 2026, DHT looks like the better value: its fair-value estimate is 20% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.