SmarterDividends

EC vs SHEL: Which Is the Better Dividend Stock?

As of Nov 6, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. EC offers the higher yield at 4.18%, SHEL has the higher dividend-safety score, and SHEL looks like the better value (its fair-value estimate is 14% below its share price).

Key facts: EC vs SHEL

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Ecopetrol S.A. (EC) has the higher forward dividend yield at 4.18%, versus 3.12% for Shell plc (SHEL).
  • As of Nov 6, 2026, SmarterDividends grades EC's dividend safety C (57/100) and SHEL's B (75/100).
  • By SmarterDividends' count as of Nov 6, 2026, EC has raised its dividend for 0 consecutive years and SHEL for 5.
  • As of Nov 6, 2026, EC pays out 36% of its earnings as dividends and SHEL pays out 26%.
  • As of Nov 6, 2026, EC's fair-value estimate is 28% below its share price and SHEL's fair-value estimate is 14% below its share price, so SHEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "EC vs SHEL: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/ec-vs-shel

MetricECSHEL
Forward yield4.18%3.12%
Annual dividend$0.65$3.12
Payout ratio36%26%
Years of growth0 yr5 yr
5-yr dividend growth-11.1%17.2%
5-yr total return34%159%
Dividend safety score57 (C)75 (B)
Fair value estimate$11.16$85.98
Upside to fair value-28%-14%
Frequencyannualquarterly
Market cap$31.9B$283.7B
P/E ratio8.48.7

Higher yield

EC

4.18%

Safer dividend

SHEL

Grade B

Faster growth

SHEL

17.2%

Better value

SHEL

-14% upside

EC vs SHEL — FAQ

Is EC or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (7 vs 1). EC offers the higher yield (4.18%), 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, EC or SHEL?

EC has the higher forward dividend yield at 4.18%, versus 3.12% for SHEL.

Is EC or SHEL safer?

SHEL has the higher dividend-safety score (75/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.

Is EC or SHEL better value right now?

As of Nov 6, 2026, SHEL looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For EC, its fair-value estimate is 28% below its share price.

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