EXE vs SHEL: Which Is the Better Dividend Stock?
As of Nov 6, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SHEL offers the higher yield at 3.12%, SHEL has the higher dividend-safety score, and EXE looks like the better value (its fair-value estimate is 60% above its share price).
Key facts: EXE vs SHEL
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Shell plc (SHEL) has the higher forward dividend yield at 3.12%, versus 2.70% for Expand Energy Corporation (EXE).
- As of Nov 6, 2026, SmarterDividends grades EXE's dividend safety C (61/100) and SHEL's B (75/100).
- By SmarterDividends' count as of Nov 6, 2026, EXE has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Nov 6, 2026, EXE pays out 20% of its earnings as dividends and SHEL pays out 26%.
- As of Nov 6, 2026, EXE's fair-value estimate is 60% above its share price and SHEL's fair-value estimate is 14% below its share price, so EXE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EXE vs SHEL: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/exe-vs-shel
| Metric | EXE | SHEL |
|---|---|---|
| Forward yield | 2.70% | 3.12% |
| Annual dividend | $2.30 | $3.12 |
| Payout ratio | 20% | 26% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 17.2% |
| 5-yr total return | 52% | 159% |
| Dividend safety score | 61 (C) | 75 (B) |
| Fair value estimate | $136.66 | $85.98 |
| Upside to fair value | +60% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $19.7B | $283.7B |
| P/E ratio | 7.4 | 8.7 |
Higher yield
SHEL
3.12%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
EXE
+60% upside
EXE vs SHEL — FAQ
Is EXE or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 2). SHEL offers the higher yield (3.12%), 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, EXE or SHEL?
SHEL has the higher forward dividend yield at 3.12%, versus 2.70% for EXE.
Is EXE or SHEL safer?
SHEL has the higher dividend-safety score (75/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is EXE or SHEL better value right now?
As of Nov 6, 2026, EXE looks like the better value: its fair-value estimate is 60% above its share price (undervalued). For SHEL, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.