PBNAF 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. PBNAF offers the higher yield at 6.50%, SHEL has the higher dividend-safety score, and PBNAF looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: PBNAF vs SHEL
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Pembina Pipeline Corporation (PBNAF) has the higher forward dividend yield at 6.50%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades PBNAF's dividend safety C (55/100) and SHEL's B (74/100).
- By SmarterDividends' count as of Oct 27, 2026, PBNAF has raised its dividend for 0 consecutive years and SHEL for 5.
- As of Oct 27, 2026, PBNAF's fair-value estimate is 49% above its share price and SHEL's fair-value estimate is 20% below its share price, so PBNAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PBNAF vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pbnaf-vs-shel
| Metric | PBNAF | SHEL |
|---|---|---|
| Forward yield | 6.50% | 2.92% |
| Annual dividend | $1.16 | $3.12 |
| Payout ratio | — | 33% |
| Years of growth | 0 yr | 5 yr |
| 5-yr dividend growth | 5.0% | 17.2% |
| 5-yr total return | 1% | 157% |
| Dividend safety score | 55 (C) | 74 (B) |
| Fair value estimate | $26.73 | $85.61 |
| Upside to fair value | +49% | -20% |
| Frequency | quarterly | quarterly |
| Market cap | — | $303.7B |
| P/E ratio | 10.1 | 11.8 |
Higher yield
PBNAF
6.50%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
PBNAF
+49% upside
PBNAF vs SHEL — FAQ
Is PBNAF or SHEL a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 2). PBNAF offers the higher yield (6.50%), 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, PBNAF or SHEL?
PBNAF has the higher forward dividend yield at 6.50%, versus 2.92% for SHEL.
Is PBNAF or SHEL safer?
SHEL has the higher dividend-safety score (74/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.
Is PBNAF or SHEL better value right now?
As of Oct 27, 2026, PBNAF looks like the better value: its fair-value estimate is 49% 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.