SmarterDividends

PSX vs SHEL: Which Is the Better Dividend Stock?

As of July 2026, PSX and SHEL are closely matched. SHEL offers the higher yield at 3.58%, PSX has the higher dividend-safety score, and SHEL trades at the larger discount to fair value (+30%).

MetricPSXSHEL
Forward yield2.46%3.58%
Annual dividend$5.08$3.12
Payout ratio48%45%
Years of growth13 yr5 yr
5-yr dividend growth5.7%17.2%
5-yr total return191%120%
Dividend safety score87 (A)73 (B)
Fair value estimate$73.13$113.22
Upside to fair value-65%+30%
Frequencyquarterlyquarterly
Market cap$83.7B$238.5B
P/E ratio20.513.6

Higher yield

SHEL

3.58%

Safer dividend

PSX

Grade A

Faster growth

SHEL

17.2%

Better value

SHEL

+30% upside

PSX vs SHEL — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.