DMLP vs SHEL: Which Is the Better Dividend Stock?
As of July 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. DMLP offers the higher yield at 9.32%, SHEL has the higher dividend-safety score, and DMLP trades at the larger discount to fair value (+157%).
| Metric | DMLP | SHEL |
|---|---|---|
| Forward yield | 9.32% | 3.58% |
| Annual dividend | $2.54 | $3.12 |
| Payout ratio | 201% | 45% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 14.8% | 17.2% |
| 5-yr total return | 64% | 120% |
| Dividend safety score | 48 (D) | 73 (B) |
| Fair value estimate | $69.91 | $113.22 |
| Upside to fair value | +157% | +30% |
| Frequency | quarterly | quarterly |
| Market cap | $1.3B | $238.5B |
| P/E ratio | 19.5 | 13.6 |
Higher yield
DMLP
9.32%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
DMLP
+157% upside
DMLP vs SHEL — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.