SmarterDividends

DTM vs SHEL: Which Is the Better Dividend Stock?

As of Nov 9, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SHEL offers the higher yield at 3.15%, SHEL has the higher dividend-safety score, and SHEL looks like the better value (its fair-value estimate is 8% below its share price).

Key facts: DTM vs SHEL

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, Shell plc (SHEL) has the higher forward dividend yield at 3.15%, versus 3.10% for DT Midstream, Inc. (DTM).
  • As of Nov 9, 2026, SmarterDividends grades DTM's dividend safety B (67/100) and SHEL's B (75/100).
  • By SmarterDividends' count as of Nov 9, 2026, DTM has raised its dividend for 4 consecutive years and SHEL for 5.
  • As of Nov 9, 2026, DTM pays out 75% of its earnings as dividends and SHEL pays out 26%.
  • As of Nov 9, 2026, DTM's fair-value estimate is 38% below its share price and SHEL's fair-value estimate is 8% below its share price, so SHEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DTM vs SHEL: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/dtm-vs-shel

MetricDTMSHEL
Forward yield3.10%3.15%
Annual dividend$3.52$3.12
Payout ratio75%26%
Years of growth4 yr5 yr
5-yr dividend growth—17.2%
5-yr total return148%136%
Dividend safety score67 (B)75 (B)
Fair value estimate$70.16$90.92
Upside to fair value-38%-8%
Frequencyquarterlyquarterly
Market cap$11.6B$280.6B
P/E ratio24.88.6

Higher yield

SHEL

3.15%

Safer dividend

SHEL

Grade B

Faster growth

SHEL

17.2%

Better value

SHEL

-8% upside

DTM vs SHEL — FAQ

Is DTM or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (5 vs 2). SHEL offers the higher yield (3.15%), 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, DTM or SHEL?

SHEL has the higher forward dividend yield at 3.15%, versus 3.10% for DTM.

Is DTM or SHEL safer?

SHEL has the higher dividend-safety score (75/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.

Is DTM or SHEL better value right now?

As of Nov 9, 2026, SHEL looks like the better value: its fair-value estimate is 8% below its share price (fairly valued). For DTM, its fair-value estimate is 38% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.