SmarterDividends

MUR vs SHEL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MUR offers the higher yield at 3.35%, SHEL has the higher dividend-safety score, and MUR looks like the better value (its fair-value estimate is 13% below its share price).

Key facts: MUR vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Murphy Oil Corporation (MUR) has the higher forward dividend yield at 3.35%, versus 2.93% for Shell plc (SHEL).
  • As of Oct 18, 2026, SmarterDividends grades MUR's dividend safety B (71/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 18, 2026, MUR has raised its dividend for 4 consecutive years and SHEL for 5.
  • As of Oct 18, 2026, MUR pays out 67% of its earnings as dividends and SHEL pays out 33%.
  • As of Oct 18, 2026, MUR's fair-value estimate is 13% below its share price and SHEL's fair-value estimate is 20% below its share price, so MUR looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MUR vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mur-vs-shel

MetricMURSHEL
Forward yield3.35%2.93%
Annual dividend$1.40$3.12
Payout ratio67%33%
Years of growth4 yr5 yr
5-yr dividend growth21.1%17.2%
5-yr total return57%154%
Dividend safety score71 (B)74 (B)
Fair value estimate$36.51$85.55
Upside to fair value-13%-20%
Frequencyquarterlyquarterly
Market cap$6.0B$303.4B
P/E ratio20.711.8

Higher yield

MUR

3.35%

Safer dividend

SHEL

Grade B

Faster growth

MUR

21.1%

Better value

MUR

-13% upside

MUR vs SHEL — FAQ

Is MUR or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (5 vs 3). MUR offers the higher yield (3.35%), 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, MUR or SHEL?

MUR has the higher forward dividend yield at 3.35%, versus 2.93% for SHEL.

Is MUR or SHEL safer?

SHEL has the higher dividend-safety score (74/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is MUR or SHEL better value right now?

As of Oct 18, 2026, MUR looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For SHEL, its fair-value estimate is 20% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.