SHEL vs TRPEF: Which Is the Better Dividend Stock?
As of Oct 22, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. TRPEF offers the higher yield at 5.17%, SHEL has the higher dividend-safety score, and TRPEF looks like the better value (its fair-value estimate is 14% below its share price).
Key facts: SHEL vs TRPEF
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, TC Energy Corporation (TRPEF) has the higher forward dividend yield at 5.17%, versus 2.97% for Shell plc (SHEL).
- As of Oct 22, 2026, SmarterDividends grades SHEL's dividend safety B (74/100) and TRPEF's C (61/100).
- By SmarterDividends' count as of Oct 22, 2026, SHEL has raised its dividend for 5 consecutive years and TRPEF for 1.
- As of Oct 22, 2026, SHEL's fair-value estimate is 19% below its share price and TRPEF's fair-value estimate is 14% below its share price, so TRPEF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHEL vs TRPEF: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/shel-vs-trpef
| Metric | SHEL | TRPEF |
|---|---|---|
| Forward yield | 2.97% | 5.17% |
| Annual dividend | $3.12 | $0.72 |
| Payout ratio | 33% | — |
| Years of growth | 5 yr | 1 yr |
| 5-yr dividend growth | 17.2% | — |
| 5-yr total return | 154% | — |
| Dividend safety score | 74 (B) | 61 (C) |
| Fair value estimate | $85.55 | $11.98 |
| Upside to fair value | -19% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $299.7B | — |
| P/E ratio | 11.6 | — |
Higher yield
TRPEF
5.17%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
TRPEF
-14% upside
SHEL vs TRPEF — FAQ
Is SHEL or TRPEF a better dividend stock?
On the data, SHEL wins more head-to-head categories (3 vs 2). TRPEF offers the higher yield (5.17%), 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 TRPEF?
TRPEF has the higher forward dividend yield at 5.17%, versus 2.97% for SHEL.
Is SHEL or TRPEF safer?
SHEL has the higher dividend-safety score (74/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is SHEL or TRPEF better value right now?
As of Oct 22, 2026, TRPEF looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For SHEL, its fair-value estimate is 19% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.