SHEL vs VARRY: Which Is the Better Dividend Stock?
As of July 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. VARRY offers the higher yield at 10.42%, SHEL has the higher dividend-safety score, and VARRY trades at the larger discount to fair value (+31%).
| Metric | SHEL | VARRY |
|---|---|---|
| Forward yield | 3.58% | 10.42% |
| Annual dividend | $3.12 | $0.96 |
| Payout ratio | 45% | 179% |
| Years of growth | 5 yr | 2 yr |
| 5-yr dividend growth | 17.2% | — |
| 5-yr total return | 120% | — |
| Dividend safety score | 73 (B) | 63 (C) |
| Fair value estimate | $113.22 | $12.13 |
| Upside to fair value | +30% | +31% |
| Frequency | quarterly | quarterly |
| Market cap | $238.5B | $11.5B |
| P/E ratio | 13.6 | 17.1 |
Higher yield
VARRY
10.42%
Safer dividend
SHEL
Grade B
Faster growth
SHEL
17.2%
Better value
VARRY
+31% upside
SHEL vs VARRY — FAQ
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