SHEL vs WMB: Which Is the Better Dividend Stock?
As of Nov 5, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WMB offers the higher yield at 3.09%, SHEL has the higher dividend-safety score, and SHEL looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: SHEL vs WMB
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Williams Companies, Inc. (WMB) has the higher forward dividend yield at 3.09%, versus 3.07% for Shell plc (SHEL).
- As of Nov 5, 2026, SmarterDividends grades SHEL's dividend safety B (75/100) and WMB's B (71/100).
- By SmarterDividends' count as of Nov 5, 2026, SHEL has raised its dividend for 5 consecutive years and WMB for 8.
- As of Nov 5, 2026, SHEL pays out 26% of its earnings as dividends and WMB pays out 82%.
- As of Nov 5, 2026, SHEL's fair-value estimate is 16% below its share price and WMB's fair-value estimate is 25% below its share price, so SHEL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHEL vs WMB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/shel-vs-wmb
| Metric | SHEL | WMB |
|---|---|---|
| Forward yield | 3.07% | 3.09% |
| Annual dividend | $3.12 | $2.10 |
| Payout ratio | 26% | 82% |
| Years of growth | 5 yr | 8 yr |
| 5-yr dividend growth | 17.2% | 4.6% |
| 5-yr total return | 159% | 178% |
| Dividend safety score | 75 (B) | 71 (B) |
| Fair value estimate | $85.98 | $49.91 |
| Upside to fair value | -16% | -25% |
| Frequency | quarterly | quarterly |
| Market cap | $289.3B | $82.8B |
| P/E ratio | 8.9 | 26.1 |
Higher yield
WMB
3.09%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
SHEL
-16% upside
SHEL vs WMB — FAQ
Is SHEL or WMB a better dividend stock?
On the data, SHEL wins more head-to-head categories (5 vs 3). WMB offers the higher yield (3.09%), 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 WMB?
WMB has the higher forward dividend yield at 3.09%, versus 3.07% for SHEL.
Is SHEL or WMB safer?
SHEL has the higher dividend-safety score (75/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is SHEL or WMB better value right now?
As of Nov 5, 2026, SHEL looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For WMB, its fair-value estimate is 25% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.