SHEL vs TRP: Which Is the Better Dividend Stock?
As of September 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. TRP offers the higher yield at 4.06%, SHEL has the higher dividend-safety score, and SHEL trades at the larger discount to fair value (-8%).
| Metric | SHEL | TRP |
|---|---|---|
| Forward yield | 3.31% | 4.06% |
| Annual dividend | $3.12 | $2.50 |
| Payout ratio | 33% | 98% |
| Years of growth | 5 yr | 0 yr |
| 5-yr dividend growth | 17.2% | 2.0% |
| 5-yr total return | 106% | 14% |
| Dividend safety score | 74 (B) | 61 (C) |
| Fair value estimate | $87.17 | $47.18 |
| Upside to fair value | -8% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $270.0B | $64.1B |
| P/E ratio | 10.5 | 24.5 |
Higher yield
TRP
4.06%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
SHEL
-8% upside
SHEL vs TRP — FAQ
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