SmarterDividends

PPLAF vs SHEL: Which Is the Better Dividend Stock?

As of Oct 27, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. PPLAF offers the higher yield at 6.54%, SHEL has the higher dividend-safety score, and PPLAF looks like the better value (its fair-value estimate is 38% above its share price).

Key facts: PPLAF vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Pembina Pipeline Corporation (PPLAF) has the higher forward dividend yield at 6.54%, versus 2.92% for Shell plc (SHEL).
  • As of Oct 27, 2026, SmarterDividends grades PPLAF's dividend safety B (71/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 27, 2026, PPLAF has raised its dividend for 2 consecutive years and SHEL for 5.
  • As of Oct 27, 2026, PPLAF's fair-value estimate is 38% above its share price and SHEL's fair-value estimate is 20% below its share price, so PPLAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricPPLAFSHEL
Forward yield6.54%2.92%
Annual dividend$1.22$3.12
Payout ratio—33%
Years of growth2 yr5 yr
5-yr dividend growth—17.2%
5-yr total return—157%
Dividend safety score71 (B)74 (B)
Fair value estimate$25.60$85.61
Upside to fair value+38%-20%
Frequencyquarterlyquarterly
Market cap—$303.7B
P/E ratio—11.8

Higher yield

PPLAF

6.54%

Safer dividend

SHEL

Grade B

Faster growth

SHEL

17.2%

Better value

PPLAF

+38% upside

PPLAF vs SHEL — FAQ

Is PPLAF or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (3 vs 2). PPLAF offers the higher yield (6.54%), 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, PPLAF or SHEL?

PPLAF has the higher forward dividend yield at 6.54%, versus 2.92% for SHEL.

Is PPLAF or SHEL safer?

SHEL has the higher dividend-safety score (74/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is PPLAF or SHEL better value right now?

As of Oct 27, 2026, PPLAF looks like the better value: its fair-value estimate is 38% 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.