NGL-PB vs SHEL: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. NGL-PB offers the higher yield at 11.04%, SHEL has the higher dividend-safety score, and NGL-PB looks like the better value (its fair-value estimate is 188% above its share price).
Key facts: NGL-PB vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, NGL Energy Partners LP (NGL-PB) has the higher forward dividend yield at 11.04%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades NGL-PB's dividend safety D (45/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, NGL-PB has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, NGL-PB's fair-value estimate is 188% above its share price and SHEL's fair-value estimate is 20% below its share price, so NGL-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGL-PB vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ngl-pb-vs-shel
| Metric | NGL-PB | SHEL |
|---|---|---|
| Forward yield | 11.04% | 2.92% |
| Annual dividend | $2.80 | $3.12 |
| Payout ratio | — | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 5.4% | 17.2% |
| 5-yr total return | 80% | 157% |
| Dividend safety score | 45 (D) | 74 (B) |
| Fair value estimate | $73.01 | $85.61 |
| Upside to fair value | +188% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | — | $303.7B |
| P/E ratio | — | 11.8 |
Higher yield
NGL-PB
11.04%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
NGL-PB
+188% upside
NGL-PB vs SHEL — FAQ
Is NGL-PB or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 2). NGL-PB offers the higher yield (11.04%), 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, NGL-PB or SHEL?
NGL-PB has the higher forward dividend yield at 11.04%, versus 2.92% for SHEL.
Is NGL-PB or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 45/100), reflecting stronger payout coverage and dividend-growth history.
Is NGL-PB or SHEL better value right now?
As of Oct 27, 2026, NGL-PB looks like the better value: its fair-value estimate is 188% 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.