SmarterDividends

SEAL-PB 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. SEAL-PB offers the higher yield at 8.40%, SEAL-PB has the higher dividend-safety score, and SEAL-PB looks like the better value (its fair-value estimate is 20% above its share price).

Key facts: SEAL-PB vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Seapeak LLC (SEAL-PB) has the higher forward dividend yield at 8.40%, versus 2.92% for Shell plc (SHEL).
  • As of Oct 27, 2026, SmarterDividends grades SEAL-PB's dividend safety B (79/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 27, 2026, SEAL-PB has raised its dividend for 0 consecutive years and SHEL for 5.
  • As of Oct 27, 2026, SEAL-PB's fair-value estimate is 20% above its share price and SHEL's fair-value estimate is 20% below its share price, so SEAL-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricSEAL-PBSHEL
Forward yield8.40%2.92%
Annual dividend$2.13$3.12
Payout ratio—33%
Years of growth0 yr5 yr
5-yr dividend growth0.0%17.2%
5-yr total return-3%157%
Dividend safety score79 (B)74 (B)
Fair value estimate$30.26$85.61
Upside to fair value+20%-20%
Frequencyquarterlyquarterly
Market cap—$303.7B
P/E ratio—11.8

Higher yield

SEAL-PB

8.40%

Safer dividend

SEAL-PB

Grade B

Faster growth

SHEL

17.2%

Better value

SEAL-PB

+20% upside

SEAL-PB vs SHEL — FAQ

Is SEAL-PB or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (4 vs 3). SEAL-PB offers the higher yield (8.40%), while SEAL-PB has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, SEAL-PB or SHEL?

SEAL-PB has the higher forward dividend yield at 8.40%, versus 2.92% for SHEL.

Is SEAL-PB or SHEL safer?

SEAL-PB has the higher dividend-safety score (79/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.

Is SEAL-PB or SHEL better value right now?

As of Oct 27, 2026, SEAL-PB looks like the better value: its fair-value estimate is 20% 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.