SHEL vs WES: Which Is the Better Dividend Stock?
As of July 2026, WES (Western Midstream Partners, LP) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. WES offers the higher yield at 8.09%, SHEL has the higher dividend-safety score, and WES trades at the larger discount to fair value (+74%).
| Metric | SHEL | WES |
|---|---|---|
| Forward yield | 3.58% | 8.09% |
| Annual dividend | $3.12 | $3.72 |
| Payout ratio | 45% | 120% |
| Years of growth | 5 yr | 5 yr |
| 5-yr dividend growth | 17.2% | 23.7% |
| 5-yr total return | 120% | 133% |
| Dividend safety score | 73 (B) | 52 (C) |
| Fair value estimate | $113.22 | $80.00 |
| Upside to fair value | +30% | +74% |
| Frequency | quarterly | quarterly |
| Market cap | $238.5B | $19.3B |
| P/E ratio | 13.6 | 15.1 |
Higher yield
WES
8.09%
Safer dividend
SHEL
Grade B
Faster growth
WES
23.7%
Better value
WES
+74% upside
SHEL vs WES — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.