NOA vs RYDAF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, RYDAF (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RYDAF offers the higher yield at 3.00%, RYDAF has the higher dividend-safety score, and NOA looks like the better value (its fair-value estimate is 1% above its share price).
Key facts: NOA vs RYDAF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Shell plc (RYDAF) has the higher forward dividend yield at 3.00%, versus 2.91% for North American Construction Group Ltd. (NOA).
- As of Oct 18, 2026, SmarterDividends grades NOA's dividend safety C (51/100) and RYDAF's C (65/100).
- By SmarterDividends' count as of Oct 18, 2026, NOA has raised its dividend for 7 consecutive years and RYDAF for 5.
- As of Oct 18, 2026, NOA pays out 43% of its earnings as dividends and RYDAF pays out 33%.
- As of Oct 18, 2026, NOA's fair-value estimate is 1% above its share price and RYDAF's fair-value estimate is 19% below its share price, so NOA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NOA vs RYDAF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/noa-vs-rydaf
| Metric | NOA | RYDAF |
|---|---|---|
| Forward yield | 2.91% | 3.00% |
| Annual dividend | $0.34 | $1.56 |
| Payout ratio | 43% | 33% |
| Years of growth | 7 yr | 5 yr |
| 5-yr dividend growth | 23.3% | 16.7% |
| 5-yr total return | -19% | 150% |
| Dividend safety score | 51 (C) | 65 (C) |
| Fair value estimate | $11.73 | $42.20 |
| Upside to fair value | +1% | -19% |
| Frequency | quarterly | semiannual |
| Market cap | $311.9M | $296.4B |
| P/E ratio | 14.3 | 11.5 |
Higher yield
RYDAF
3.00%
Safer dividend
RYDAF
Grade C
Faster growth
NOA
23.3%
Better value
NOA
+1% upside
NOA vs RYDAF — FAQ
Is NOA or RYDAF a better dividend stock?
On the data, RYDAF wins more head-to-head categories (5 vs 3). RYDAF offers the higher yield (3.00%), while RYDAF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NOA or RYDAF?
RYDAF has the higher forward dividend yield at 3.00%, versus 2.91% for NOA.
Is NOA or RYDAF safer?
RYDAF has the higher dividend-safety score (65/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is NOA or RYDAF better value right now?
As of Oct 18, 2026, NOA looks like the better value: its fair-value estimate is 1% above its share price (fairly valued). For RYDAF, its fair-value estimate is 19% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


