SmarterDividends

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

MetricEPDSHEL
Forward yield5.89%2.97%
Annual dividend$2.24$3.12
Payout ratio76%33%
Years of growth26 yr5 yr
5-yr dividend growth3.9%17.2%
5-yr total return73%157%
Dividend safety score89 (A)74 (B)
Fair value estimate$47.69$85.61
Upside to fair value+22%-20%
Frequencyquarterlyquarterly
Market cap$84.3B$305.8B
P/E ratio13.611.9

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.

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