SHEL vs VOC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. VOC offers the higher yield at 16.24%, SHEL has the higher dividend-safety score, and VOC looks like the better value (its fair-value estimate is 201% above its share price).
Key facts: SHEL vs VOC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, VOC Energy Trust (VOC) has the higher forward dividend yield at 16.24%, versus 2.92% for Shell plc (SHEL).
- As of Oct 27, 2026, SmarterDividends grades SHEL's dividend safety B (74/100) and VOC's D (49/100).
- By SmarterDividends' count as of Oct 27, 2026, SHEL has raised its dividend for 5 consecutive years and VOC for 0.
- As of Oct 27, 2026, SHEL pays out 33% of its earnings as dividends and VOC pays out 100%.
- As of Oct 27, 2026, SHEL's fair-value estimate is 20% below its share price and VOC's fair-value estimate is 201% above its share price, so VOC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHEL vs VOC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/shel-vs-voc
| Metric | SHEL | VOC |
|---|---|---|
| Forward yield | 2.92% | 16.24% |
| Annual dividend | $3.12 | $0.58 |
| Payout ratio | 33% | 100% |
| Years of growth | 5 yr | 0 yr |
| 5-yr dividend growth | 17.2% | 7.7% |
| 5-yr total return | 157% | -23% |
| Dividend safety score | 74 (B) | 49 (D) |
| Fair value estimate | $85.61 | $10.64 |
| Upside to fair value | -20% | +201% |
| Frequency | quarterly | quarterly |
| Market cap | $303.7B | $60.2M |
| P/E ratio | 11.8 | 8.6 |
Higher yield
VOC
16.24%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
VOC
+201% upside
SHEL vs VOC — FAQ
Is SHEL or VOC a better dividend stock?
On the data, SHEL wins more head-to-head categories (6 vs 2). VOC offers the higher yield (16.24%), 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 VOC?
VOC has the higher forward dividend yield at 16.24%, versus 2.92% for SHEL.
Is SHEL or VOC safer?
SHEL has the higher dividend-safety score (74/100 vs 49/100), reflecting stronger payout coverage and dividend-growth history.
Is SHEL or VOC better value right now?
As of Oct 27, 2026, VOC looks like the better value: its fair-value estimate is 201% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.