SmarterDividends

E vs SHEL: Which Is the Better Dividend Stock?

As of Oct 29, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. E offers the higher yield at 4.14%, SHEL has the higher dividend-safety score, and SHEL looks like the better value (its fair-value estimate is 19% below its share price).

Key facts: E vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, Eni S.p.A. (E) has the higher forward dividend yield at 4.14%, versus 2.98% for Shell plc (SHEL).
  • As of Oct 29, 2026, SmarterDividends grades E's dividend safety C (59/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 29, 2026, E has raised its dividend for 3 consecutive years and SHEL for 5.
  • As of Oct 29, 2026, E pays out 46% of its earnings as dividends and SHEL pays out 33%.
  • As of Oct 29, 2026, E's fair-value estimate is 48% below its share price and SHEL's fair-value estimate is 19% below its share price, so SHEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "E vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/e-vs-shel

MetricESHEL
Forward yield4.14%2.98%
Annual dividend$2.44$3.12
Payout ratio46%33%
Years of growth3 yr5 yr
5-yr dividend growth-2.2%17.2%
5-yr total return135%157%
Dividend safety score59 (C)74 (B)
Fair value estimate$31.05$85.61
Upside to fair value-48%-19%
Frequencyquarterlyquarterly
Market cap$85.3B$298.7B
P/E ratio17.611.6

Higher yield

E

4.14%

Safer dividend

SHEL

Grade B

Faster growth

SHEL

17.2%

Better value

SHEL

-19% upside

E vs SHEL — FAQ

Is E or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (7 vs 1). E offers the higher yield (4.14%), 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, E or SHEL?

E has the higher forward dividend yield at 4.14%, versus 2.98% for SHEL.

Is E or SHEL safer?

SHEL has the higher dividend-safety score (74/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is E or SHEL better value right now?

As of Oct 29, 2026, SHEL looks like the better value: its fair-value estimate is 19% below its share price (overvalued). For E, its fair-value estimate is 48% below its share price.

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