NGL-PC 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-PC offers the higher yield at 10.85%, SHEL has the higher dividend-safety score, and NGL-PC looks like the better value (its fair-value estimate is 183% above its share price).
Key facts: NGL-PC vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, NGL Energy Partners LP (NGL-PC) has the higher forward dividend yield at 10.85%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades NGL-PC's dividend safety D (45/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, NGL-PC has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, NGL-PC's fair-value estimate is 183% above its share price and SHEL's fair-value estimate is 20% below its share price, so NGL-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGL-PC vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ngl-pc-vs-shel
| Metric | NGL-PC | SHEL |
|---|---|---|
| Forward yield | 10.85% | 2.92% |
| Annual dividend | $2.78 | $3.12 |
| Payout ratio | — | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 3.8% | 17.2% |
| 5-yr total return | 79% | 157% |
| Dividend safety score | 45 (D) | 74 (B) |
| Fair value estimate | $72.49 | $85.61 |
| Upside to fair value | +183% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | — | $303.7B |
| P/E ratio | — | 11.8 |
Higher yield
NGL-PC
10.85%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
NGL-PC
+183% upside
NGL-PC vs SHEL — FAQ
Is NGL-PC or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 2). NGL-PC offers the higher yield (10.85%), 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-PC or SHEL?
NGL-PC has the higher forward dividend yield at 10.85%, versus 2.92% for SHEL.
Is NGL-PC 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-PC or SHEL better value right now?
As of Oct 27, 2026, NGL-PC looks like the better value: its fair-value estimate is 183% 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.