SmarterDividends

SHEL vs VNOM: Which Is the Better Dividend Stock?

As of Oct 24, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. VNOM offers the higher yield at 5.22%, SHEL has the higher dividend-safety score, and VNOM looks like the better value (its fair-value estimate is 16% below its share price).

Key facts: SHEL vs VNOM

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, Viper Energy, Inc. (VNOM) has the higher forward dividend yield at 5.22%, versus 2.89% for Shell plc (SHEL).
  • As of Oct 24, 2026, SmarterDividends grades SHEL's dividend safety B (74/100) and VNOM's C (51/100).
  • By SmarterDividends' count as of Oct 24, 2026, SHEL has raised its dividend for 5 consecutive years and VNOM for 0.
  • As of Oct 24, 2026, SHEL's fair-value estimate is 21% below its share price and VNOM's fair-value estimate is 16% below its share price, so VNOM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "SHEL vs VNOM: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/shel-vs-vnom

MetricSHELVNOM
Forward yield2.89%5.22%
Annual dividend$3.12$2.45
Payout ratio33%11550%
Years of growth5 yr0 yr
5-yr dividend growth17.2%50.0%
5-yr total return157%118%
Dividend safety score74 (B)51 (C)
Fair value estimate$85.59$39.44
Upside to fair value-21%-16%
Frequencyquarterlyquarterly
Market cap$307.5B$16.9B
P/E ratio11.92347.0

Higher yield

VNOM

5.22%

Safer dividend

SHEL

Grade B

Faster growth

VNOM

50.0%

Better value

VNOM

-16% upside

SHEL vs VNOM — FAQ

Is SHEL or VNOM a better dividend stock?

On the data, SHEL wins more head-to-head categories (5 vs 3). VNOM offers the higher yield (5.22%), 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 VNOM?

VNOM has the higher forward dividend yield at 5.22%, versus 2.89% for SHEL.

Is SHEL or VNOM safer?

SHEL has the higher dividend-safety score (74/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is SHEL or VNOM better value right now?

As of Oct 24, 2026, VNOM looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For SHEL, its fair-value estimate is 21% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.