Trailing Dividend / Share
$2.85
Shell plc (SHEL) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.2%
Payout Ratio
47.5%
Sustainable
Dividend Streak
4 years
SHEL Dividend Income Check
Safety
47.5% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 7.9% and trend is rising.
SHEL Dividend Scorecard
Yield & Income
Dividend Yield3.2%
Trailing DPS$2.85
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout47.5%
Earnings SafetySustainable
FCF Payout35.6%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak4 years
3Y CAGR13.1%
5Y CAGR8.4%
Yield on Cost (5Y)7.9%
YOC Trendrising
Total Returns
Buyback Yield6.0%
Total Shareholder Yield9.2%
1Y Total Return42.2%
5Y Total Return156.0%
Div Contribution (5Y)30.5%
Estimated $10K growth (return + dividends):
5Y ago$25,59710Y ago$23,39520Y ago$21,711
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). SHEL's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
SHEL Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
SHEL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Shell plc distributes 47.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 35.6%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
SHEL has raised its dividend for 4 consecutive years, with a 3-year CAGR of 13.1% and 5-year CAGR of 8.4%.
Total Shareholder Returns
Beyond cash dividends, SHEL returns capital through share repurchases. The combined picture: 3.2% dividend yield, 6.0% buyback yield, 9.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.9% and is currently rising. The 5-year total return is 156.0%, with dividends contributing 30.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $23,395 today.
SHEL Recent Dividend Payments
Last 20 payments · Annual
TTM Total$12.12
Avg/Payment$0.6060
Latest Change+3.9%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 20, 2026Latest | $0.7440 | ↑ +3.9% | 3.62% | Mar 30, 2026 |
| Nov 14, 2025 | $0.7160 | — | 3.78% | Dec 18, 2025 |
| Aug 15, 2025 | $0.7160 | — | 3.95% | Sep 22, 2025 |
| May 16, 2025 | $0.7160 | — | 4.21% | Jun 23, 2025 |
| Feb 14, 2025 | $0.7160 | ↑ +4.1% | 4.14% | Mar 24, 2025 |
| Nov 15, 2024 | $0.6880 | — | 4.20% | Dec 19, 2024 |
| Aug 16, 2024 | $0.6880 | — | 3.75% | Sep 23, 2024 |
| May 16, 2024 | $0.6880 | — | 3.76% | Jun 24, 2024 |
SHEL Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
3.2%
#5 of 9
Safety
Sustainable
47.5% payout
Streak
4Y
8.4% 5Y CAGR
Total Shareholder
9.2%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| SHELShell plc | $253.9B | 3.2% | 47.5% | 4 | Sustainable |
 XOMExxon Mobil Corporat… | $656.4B | 2.6% | 59.7% | 26 | Sustainable |
 CVXChevron Corporation | $384.4B | 3.6% | 1.0% | 8 | Sustainable |
1st  BPBP p.l.c. | $121.4B | 4.1% | 92.2% | 4 | At Risk |
2nd  TTETotalEnergies SE | $208.4B | 4.1% | 64.4% | 2 | Watch |
3rd  EEni S.p.A. | $83.1B | 4.0% | 1.2% | 0 | Sustainable |
 COPConocoPhillips | $150.3B | 2.6% | 50.0% | 1 | Sustainable |
 EOGEOG Resources, Inc. | $75.4B | 2.8% | 43.4% | 1 | Sustainable |
 OXYOccidental Petroleum… | $58.8B | 2.7% | 67.3% | 4 | Watch |
SHEL Annual Dividend History (1985–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.74 | — | 1 | — | — | — | 2.1% |
| 2025 | $2.86 | 4.1% | 4 | $6.02 | 47.6% | 2.10x | 7.9% |
| 2024 | $2.75 | 11.2% | 4 | $5.06 | 54.4% | 1.84x | 7.6% |
| 2023 | $2.47 | 24.9% | 4 | $5.70 | 43.4% | 2.30x | 6.9% |
| 2022 | $1.98 | 20.7% | 4 | $11.42 | 17.3% | 5.77x | 5.5% |
| 2021 | $1.64 | -14.3% | 4 | $5.14 | 31.9% | 3.13x | 4.6% |
| 2020 | $1.91 | -49.1% | 4 | $-5.56 | — | — | 5.3% |
| 2019 | $3.76 | 0.0% | 4 | $3.90 | 96.4% | 1.04x | 10.4% |
| 2018 | $3.76 | 0.0% | 4 | $5.60 | 67.1% | 1.49x | 10.4% |
| 2017 | $3.76 | 0.0% | 4 | $3.12 | 120.5% | 0.83x | 10.4% |
Full SHEL Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy SHEL Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See SHEL's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SHEL Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare SHEL vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonSHEL — Frequently Asked Questions
Quick answers to the most common questions about buying SHEL stock.
How much dividend does SHEL pay per share?
Shell plc (SHEL) pays a trailing 12-month dividend of $2.85 per share, with a current dividend yield of +3.2%. Payments are made Annual.
When is SHEL's next ex-dividend date?
SHEL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SHEL typically pays dividends Annual.
Is SHEL's dividend safe?
SHEL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +47.5% and FCF payout ratio of +35.6%. The 4-year growth streak provides moderate confidence.
Is SHEL a Dividend Payer?
Yes, Shell plc is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +8.4%, demonstrating above-inflation dividend growth.
How often does SHEL pay dividends?
Shell plc pays dividends Annual. The trailing 12-month total is $2.85 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in SHEL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SHEL five years ago would be worth approximately $25,597 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SHEL's yield on cost for long-term holders?
SHEL's yield on cost — the current dividend divided by the original purchase price — is +7.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.2% market yield, thanks to consistent dividend growth.