NOV vs SHEL: Which Is the Better Dividend Stock?
As of September 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. SHEL offers the higher yield at 3.28%, SHEL has the higher dividend-safety score, and NOV trades at the larger discount to fair value (+17%).
| Metric | NOV | SHEL |
|---|---|---|
| Forward yield | 1.78% | 3.28% |
| Annual dividend | $0.36 | $3.12 |
| Payout ratio | 156% | 33% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | 8.4% | 17.2% |
| 5-yr total return | 43% | 106% |
| Dividend safety score | 62 (C) | 74 (B) |
| Fair value estimate | $23.55 | $87.17 |
| Upside to fair value | +17% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $7.2B | $273.9B |
| P/E ratio | 75.2 | 10.6 |
Higher yield
SHEL
3.28%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
NOV
+17% upside
NOV vs SHEL — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.