MGY vs SHEL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SHEL offers the higher yield at 2.93%, MGY has the higher dividend-safety score, and MGY looks like the better value (its fair-value estimate is 12% below its share price).
Key facts: MGY vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Shell plc (SHEL) has the higher forward dividend yield at 2.93%, versus 2.60% for Magnolia Oil & Gas Corporation (MGY).
- As of Oct 18, 2026, SmarterDividends grades MGY's dividend safety B (76/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 18, 2026, MGY has raised its dividend for 4 consecutive years and SHEL for 5.
- As of Oct 18, 2026, MGY pays out 28% of its earnings as dividends and SHEL pays out 33%.
- As of Oct 18, 2026, MGY's fair-value estimate is 12% below its share price and SHEL's fair-value estimate is 20% below its share price, so MGY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MGY vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mgy-vs-shel
| Metric | MGY | SHEL |
|---|---|---|
| Forward yield | 2.60% | 2.93% |
| Annual dividend | $0.66 | $3.12 |
| Payout ratio | 28% | 33% |
| Years of growth | 4 yr | 5 yr |
| 5-yr dividend growth | — | 17.2% |
| 5-yr total return | 34% | 154% |
| Dividend safety score | 76 (B) | 74 (B) |
| Fair value estimate | $22.25 | $85.55 |
| Upside to fair value | -12% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $7.0B | $303.4B |
| P/E ratio | 11.1 | 11.8 |
Higher yield
SHEL
2.93%
Safer dividend
MGY
Grade B
Faster growth
SHEL
17.2%
Better value
MGY
-12% upside
MGY vs SHEL — FAQ
Is MGY or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (4 vs 3). SHEL offers the higher yield (2.93%), while MGY has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, MGY or SHEL?
SHEL has the higher forward dividend yield at 2.93%, versus 2.60% for MGY.
Is MGY or SHEL safer?
MGY has the higher dividend-safety score (76/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is MGY or SHEL better value right now?
As of Oct 18, 2026, MGY looks like the better value: its fair-value estimate is 12% below 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.