SmarterDividends

PBR-A vs SHEL: Which Is the Better Dividend Stock?

As of Oct 27, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PBR-A offers the higher yield at 7.19%, SHEL has the higher dividend-safety score, and PBR-A looks like the better value (its fair-value estimate is 22% above its share price).

Key facts: PBR-A vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Petróleo Brasileiro S.A. - Petrobras (PBR-A) has the higher forward dividend yield at 7.19%, versus 2.92% for Shell plc (SHEL).
  • As of Oct 27, 2026, SmarterDividends grades PBR-A's dividend safety C (60/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 27, 2026, PBR-A has raised its dividend for 0 consecutive years and SHEL for 5.
  • As of Oct 27, 2026, PBR-A pays out 29% of its earnings as dividends and SHEL pays out 33%.
  • As of Oct 27, 2026, PBR-A's fair-value estimate is 22% above its share price and SHEL's fair-value estimate is 20% below its share price, so PBR-A looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PBR-A vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pbr-a-vs-shel

MetricPBR-ASHEL
Forward yield7.19%2.92%
Annual dividend$1.43$3.12
Payout ratio29%33%
Years of growth0 yr5 yr
5-yr dividend growth—17.2%
5-yr total return127%157%
Dividend safety score60 (C)74 (B)
Fair value estimate$24.20$85.61
Upside to fair value+22%-20%
Frequencyquarterlyquarterly
Market cap$136.2B$303.7B
P/E ratio5.011.8

Higher yield

PBR-A

7.19%

Safer dividend

SHEL

Grade B

Faster growth

SHEL

17.2%

Better value

PBR-A

+22% upside

PBR-A vs SHEL — FAQ

Is PBR-A or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (4 vs 3). PBR-A offers the higher yield (7.19%), 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, PBR-A or SHEL?

PBR-A has the higher forward dividend yield at 7.19%, versus 2.92% for SHEL.

Is PBR-A or SHEL safer?

SHEL has the higher dividend-safety score (74/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.

Is PBR-A or SHEL better value right now?

As of Oct 27, 2026, PBR-A looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.