EPD vs SHEL: Which Is the Better Dividend Stock?
As of Oct 30, 2026, EPD and SHEL are closely matched. EPD offers the higher yield at 5.89%, EPD has the higher dividend-safety score, and EPD looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: EPD vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Enterprise Products Partners L.P. (EPD) has the higher forward dividend yield at 5.89%, versus 2.97% for Shell plc (SHEL).
- As of Oct 30, 2026, SmarterDividends grades EPD's dividend safety A (89/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 30, 2026, EPD has raised its dividend for 26 consecutive years and SHEL for 5.
- As of Oct 30, 2026, EPD pays out 76% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 30, 2026, EPD's fair-value estimate is 22% above its share price and SHEL's fair-value estimate is 20% below its share price, so EPD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EPD vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/epd-vs-shel
| Metric | EPD | SHEL |
|---|---|---|
| Forward yield | 5.89% | 2.97% |
| Annual dividend | $2.24 | $3.12 |
| Payout ratio | 76% | 33% |
| Years of growth | 26 yr | 5 yr |
| 5-yr dividend growth | 3.9% | 17.2% |
| 5-yr total return | 73% | 157% |
| Dividend safety score | 89 (A) | 74 (B) |
| Fair value estimate | $47.69 | $85.61 |
| Upside to fair value | +22% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $84.3B | $305.8B |
| P/E ratio | 13.6 | 11.9 |
Higher yield
EPD
5.89%
Safer dividend
EPD
Grade A
Faster growth
SHEL
17.2%
Better value
EPD
+22% upside
EPD vs SHEL — FAQ
Is EPD or SHEL a better dividend stock?
EPD and SHEL are closely matched. EPD has the higher yield; EPD scores better on safety.
Which has a higher dividend yield, EPD or SHEL?
EPD has the higher forward dividend yield at 5.89%, versus 2.97% for SHEL.
Is EPD or SHEL safer?
EPD has the higher dividend-safety score (89/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is EPD or SHEL better value right now?
As of Oct 30, 2026, EPD looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.
