FLNG vs SHEL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. FLNG offers the higher yield at 10.54%, SHEL has the higher dividend-safety score, and FLNG looks like the better value (its fair-value estimate is 0% above its share price).
Key facts: FLNG vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, FLEX LNG Ltd. (FLNG) has the higher forward dividend yield at 10.54%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades FLNG's dividend safety D (43/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, FLNG has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, FLNG pays out 158% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 27, 2026, FLNG's fair-value estimate is 0% above its share price and SHEL's fair-value estimate is 20% below its share price, so FLNG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FLNG vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/flng-vs-shel
| Metric | FLNG | SHEL |
|---|---|---|
| Forward yield | 10.54% | 2.92% |
| Annual dividend | $3.00 | $3.12 |
| Payout ratio | 158% | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 49.6% | 17.2% |
| 5-yr total return | 18% | 157% |
| Dividend safety score | 43 (D) | 74 (B) |
| Fair value estimate | $28.57 | $85.61 |
| Upside to fair value | +0% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $1.5B | $303.7B |
| P/E ratio | 15.0 | 11.8 |
Higher yield
FLNG
10.54%
Safer dividend
SHEL
Grade B
Faster growth
FLNG
49.6%
Better value
FLNG
+0% upside
FLNG vs SHEL — FAQ
Is FLNG or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 3). FLNG offers the higher yield (10.54%), 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, FLNG or SHEL?
FLNG has the higher forward dividend yield at 10.54%, versus 2.92% for SHEL.
Is FLNG or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 43/100), reflecting stronger payout coverage and dividend-growth history.
Is FLNG or SHEL better value right now?
As of Oct 27, 2026, FLNG looks like the better value: its fair-value estimate is 0% above its share price (fairly valued). 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.