MMLP vs SHEL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. SHEL offers the higher yield at 2.93%, SHEL has the higher dividend-safety score.
Key facts: MMLP 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 0.98% for Martin Midstream Partners L.P. (MMLP).
- As of Oct 18, 2026, SmarterDividends grades MMLP's dividend safety B (67/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 18, 2026, MMLP has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 18, 2026, MMLP pays out 18% of its earnings as dividends and SHEL pays out 33%.
Cite this page
SmarterDividends, "MMLP vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mmlp-vs-shel
| Metric | MMLP | SHEL |
|---|---|---|
| Forward yield | 0.98% | 2.93% |
| Annual dividend | $0.02 | $3.12 |
| Payout ratio | 18% | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | -31.8% | 17.2% |
| 5-yr total return | -26% | 154% |
| Dividend safety score | 67 (B) | 74 (B) |
| Fair value estimate | — | $85.55 |
| Upside to fair value | — | -20% |
| Frequency | quarterly | quarterly |
| Market cap | $80.2M | $303.4B |
| P/E ratio | — | 11.8 |
Higher yield
SHEL
2.93%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
MMLP vs SHEL — FAQ
Is MMLP or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (6 vs 1). SHEL offers the higher yield (2.93%), 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, MMLP or SHEL?
SHEL has the higher forward dividend yield at 2.93%, versus 0.98% for MMLP.
Is MMLP or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.