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
3.4%
Payout Ratio
47.5%
Sustainable
Dividend Streak
4 years
3-Second 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.
Dividend Scorecard
Yield & Income
Dividend Yield3.4%
Trailing DPS$2.85
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout47.5%
Earnings SafetySustainable
FCF Payout37.4%
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 Yield6.5%
Total Shareholder Yield9.9%
1Y Total Return28.1%
5Y Total Return133.2%
Div Contribution (5Y)29.6%
Estimated $10K growth (return + dividends):
5Y ago$23,31910Y ago$24,62120Y ago$24,014
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
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 37.4%, 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: 3.4% dividend yield, 6.5% buyback yield, 9.9% 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 133.2%, with dividends contributing 29.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,621 today.
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 |
Dividend Peer Comparison
Peer group: Integrated gas and LNG value chain
#5 yield in peer group
Div Yield
3.4%
#5 of 5
Safety
Sustainable
47.5% payout
Streak
4Y
8.4% 5Y CAGR
Total Shareholder
9.9%
#2 of 5
Annual Dividend History
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% |
See SHEL's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare SHEL vs CRC
See how SHEL stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
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 +3.4%. 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 +37.4%. 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 $23,319 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 +3.4% market yield, thanks to consistent dividend growth.