LPG vs SHEL: Which Is the Better Dividend Stock?
As of Nov 8, 2026, LPG (Dorian LPG Ltd.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. LPG offers the higher yield at 7.20%, SHEL has the higher dividend-safety score, and LPG looks like the better value (its fair-value estimate is 53% above its share price).
Key facts: LPG vs SHEL
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Dorian LPG Ltd. (LPG) has the higher forward dividend yield at 7.20%, versus 3.15% for Shell plc (SHEL).
- As of Nov 8, 2026, SmarterDividends grades LPG's dividend safety C (58/100) and SHEL's B (75/100).
- By SmarterDividends' count as of Nov 8, 2026, LPG has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Nov 8, 2026, LPG pays out 30% of its earnings as dividends and SHEL pays out 26%.
- As of Nov 8, 2026, LPG's fair-value estimate is 53% above its share price and SHEL's fair-value estimate is 8% below its share price, so LPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LPG vs SHEL: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/lpg-vs-shel
| Metric | LPG | SHEL |
|---|---|---|
| Forward yield | 7.20% | 3.15% |
| Annual dividend | $3.35 | $3.12 |
| Payout ratio | 30% | 26% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | — | 17.2% |
| 5-yr total return | 278% | 136% |
| Dividend safety score | 58 (C) | 75 (B) |
| Fair value estimate | $71.08 | $90.92 |
| Upside to fair value | +53% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $2.0B | $280.6B |
| P/E ratio | 4.1 | 8.6 |
Higher yield
LPG
7.20%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
LPG
+53% upside
LPG vs SHEL — FAQ
Is LPG or SHEL a better dividend stock?
On the data, LPG wins more head-to-head categories (4 vs 3). LPG offers the higher yield (7.20%), 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, LPG or SHEL?
LPG has the higher forward dividend yield at 7.20%, versus 3.15% for SHEL.
Is LPG or SHEL safer?
SHEL has the higher dividend-safety score (75/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is LPG or SHEL better value right now?
As of Nov 8, 2026, LPG looks like the better value: its fair-value estimate is 53% above its share price (undervalued). For SHEL, its fair-value estimate is 8% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.