FRO vs SHEL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, FRO and SHEL are closely matched. FRO offers the higher yield at 9.74%, SHEL has the higher dividend-safety score, and FRO looks like the better value (its fair-value estimate is 28% above its share price).
Key facts: FRO vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Frontline plc (FRO) has the higher forward dividend yield at 9.74%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades FRO's dividend safety C (60/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, FRO has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, FRO pays out 47% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 27, 2026, FRO's fair-value estimate is 28% above its share price and SHEL's fair-value estimate is 20% below its share price, so FRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FRO vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/fro-vs-shel
| Metric | FRO | SHEL |
|---|---|---|
| Forward yield | 9.74% | 2.92% |
| Annual dividend | $5.38 | $3.12 |
| Payout ratio | 47% | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -18.7% | 17.2% |
| 5-yr total return | 673% | 157% |
| Dividend safety score | 60 (C) | 74 (B) |
| Fair value estimate | $70.86 | $85.61 |
| Upside to fair value | +28% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $12.3B | $303.7B |
| P/E ratio | 8.3 | 11.8 |
Higher yield
FRO
9.74%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
FRO
+28% upside
FRO vs SHEL — FAQ
Is FRO or SHEL a better dividend stock?
FRO and SHEL are closely matched. FRO has the higher yield; SHEL scores better on safety.
Which has a higher dividend yield, FRO or SHEL?
FRO has the higher forward dividend yield at 9.74%, versus 2.92% for SHEL.
Is FRO or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is FRO or SHEL better value right now?
As of Oct 27, 2026, FRO looks like the better value: its fair-value estimate is 28% 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.