SHEL vs TRMLF: Which Is the Better Dividend Stock?
As of Nov 6, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TRMLF offers the higher yield at 3.38%, SHEL has the higher dividend-safety score, and SHEL looks like the better value (its fair-value estimate is 14% below its share price).
Key facts: SHEL vs TRMLF
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Tourmaline Oil Corp. (TRMLF) has the higher forward dividend yield at 3.38%, versus 3.12% for Shell plc (SHEL).
- As of Nov 6, 2026, SmarterDividends grades SHEL's dividend safety B (75/100) and TRMLF's B (70/100).
- By SmarterDividends' count as of Nov 6, 2026, SHEL has raised its dividend for 5 consecutive years and TRMLF for 1.
- As of Nov 6, 2026, SHEL pays out 26% of its earnings as dividends and TRMLF pays out 96%.
- As of Nov 6, 2026, SHEL's fair-value estimate is 14% below its share price and TRMLF's fair-value estimate is 24% below its share price, so SHEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHEL vs TRMLF: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/shel-vs-trmlf
| Metric | SHEL | TRMLF |
|---|---|---|
| Forward yield | 3.12% | 3.38% |
| Annual dividend | $3.12 | $1.50 |
| Payout ratio | 26% | 96% |
| Years of growth | 5 yr | 1 yr |
| 5-yr dividend growth | 17.2% | 26.6% |
| 5-yr total return | 159% | 47% |
| Dividend safety score | 75 (B) | 70 (B) |
| Fair value estimate | $85.98 | $33.92 |
| Upside to fair value | -14% | -24% |
| Frequency | quarterly | quarterly |
| Market cap | $283.7B | $17.3B |
| P/E ratio | 8.7 | 29.4 |
Higher yield
TRMLF
3.38%
Safer dividend
SHEL
Grade B
Faster growth
TRMLF
26.6%
Better value
SHEL
-14% upside
SHEL vs TRMLF — FAQ
Is SHEL or TRMLF a better dividend stock?
On the data, SHEL wins more head-to-head categories (6 vs 2). TRMLF offers the higher yield (3.38%), 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 TRMLF?
TRMLF has the higher forward dividend yield at 3.38%, versus 3.12% for SHEL.
Is SHEL or TRMLF safer?
SHEL has the higher dividend-safety score (75/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.
Is SHEL or TRMLF better value right now?
As of Nov 6, 2026, SHEL looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For TRMLF, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.