SHEL vs SU: Which Is the Better Dividend Stock?
As of Nov 6, 2026, SU (Suncor Energy Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SHEL offers the higher yield at 3.12%, SHEL has the higher dividend-safety score, and SU looks like the better value (its fair-value estimate is 10% below its share price).
Key facts: SHEL vs SU
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Shell plc (SHEL) has the higher forward dividend yield at 3.12%, versus 2.74% for Suncor Energy Inc. (SU).
- As of Nov 6, 2026, SmarterDividends grades SHEL's dividend safety B (75/100) and SU's C (65/100).
- By SmarterDividends' count as of Nov 6, 2026, SHEL has raised its dividend for 5 consecutive years and SU for 5.
- As of Nov 6, 2026, SHEL pays out 26% of its earnings as dividends and SU pays out 26%.
- As of Nov 6, 2026, SHEL's fair-value estimate is 14% below its share price and SU's fair-value estimate is 10% below its share price, so SU looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHEL vs SU: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/shel-vs-su
| Metric | SHEL | SU |
|---|---|---|
| Forward yield | 3.12% | 2.74% |
| Annual dividend | $3.12 | $1.89 |
| Payout ratio | 26% | 26% |
| Years of growth | 5 yr | 5 yr |
| 5-yr dividend growth | 17.2% | 20.5% |
| 5-yr total return | 159% | 226% |
| Dividend safety score | 75 (B) | 65 (C) |
| Fair value estimate | $85.98 | $62.49 |
| Upside to fair value | -14% | -10% |
| Frequency | quarterly | quarterly |
| Market cap | $283.7B | $79.5B |
| P/E ratio | 8.7 | 10.2 |
Higher yield
SHEL
3.12%
Safer dividend
SHEL
Grade B
Faster growth
SU
20.5%
Better value
SU
-10% upside
SHEL vs SU — FAQ
Is SHEL or SU a better dividend stock?
On the data, SU wins more head-to-head categories (4 vs 3). SHEL offers the higher yield (3.12%), 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, SHEL or SU?
SHEL has the higher forward dividend yield at 3.12%, versus 2.74% for SU.
Is SHEL or SU safer?
SHEL has the higher dividend-safety score (75/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is SHEL or SU better value right now?
As of Nov 6, 2026, SU looks like the better value: its fair-value estimate is 10% below its share price (fairly valued). For SHEL, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.