SmarterDividends
SHEL

Shell plc

SHEL

Energy · Stock · quarterly payer

Forward Yield

3.60%

Annual Dividend

$3.12

Payout Ratio

45%

5-Yr Growth

17.0%

Ex-Date

May 22, 2026

Frequency

Quarterly

SHEL Dividend Safety Score

73/ 100
Grade B

Safe

Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage45% of earnings paid out
Free-cash-flow coverage55% of free cash flow
Balance-sheet strengthDebt/equity of 0.43
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SHEL a good dividend stock?

Yes, with caveats

Shell plc (SHEL) pays a quarterly dividend yielding 3.60% ($3.12/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (45%)
  • Strong 17.0% 5-yr dividend growth
  • 114% total price return over 5 years

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
3.60%
Payout Ratio
45%
Annual Dividend
$3.12
5-Yr Avg Growth
17.0%
Ex-Dividend Date
May 22, 2026
Years of Growth
5
Frequency
quarterly
Beta
-0.25
Market Cap
$240.8B
P/E Ratio
13.5
5-Yr Total Return
114%
52-Week Range
$67.25 – $94.90
Dividend Safety
B · 73/100
Ever Cut?
Yes (2020)
SHEL ex-dividend date & scheduleNext ex-date May 22, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.12 / yr per share

Per payment (quarterly)$78.00
Annual$312.00
Monthly avg$26.00