Shell Dividends and Buybacks
Dividend criteria checks 3/6
Shell is a dividend paying company with a current yield of 4.4% that is well covered by earnings.
Key information
4.4%
Dividend yield
8.0%
Buyback Yield
| Total Shareholder Yield | 12.4% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.376 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Shell Is A Great Integrated Oil Company
Dec 26Shell: U.K. Upstream Merger Is A Good Sign For Shell And A Bad One For The U.K.
Dec 06Shell: Take The Time To Consider This Given The Strong Earnings Report
Nov 01Shell's Upcoming Earnings: A Beat Seems Likely, Don't Expect A Surging Share Price
Oct 25Shell: The Outlook Underwhelms (Rating Downgrade)
Sep 12Shell Is Transitioning Back To Being An Oil And Gas Producer
Aug 21Shell: Well On Track To Deliver On CMD Sprint
Aug 10Shell Stock Has A Nice European Discount
Jul 19Shell: Single-Digit P/E With Share-Price Momentum, A FCF Stalwart
Jul 10Shell Is On The Right Track
Jun 18Shell: Strong Q1 Blows Estimates Out Of The Water
May 273 Reasons Shell Remains A Buy
May 12Shell: LNG Leadership Makes For An Attractive Risk/Reward
Mar 28Shell: Higher Reserve And An Attractive Valuation
Mar 22Shell: Earnings Report Is More Positive Than Not
Feb 03Shell Is Refocusing The Future Of The Firm
Jan 18Shell: Lower Oil Prices Hurt, But Shares Still A Bargain With A High Yield
Jan 11OPEC+ Decision Will Likely Support Shell Earnings
Dec 06Shell: A Buy Near Its All-Time High
Nov 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHEL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shell Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHEL) | 4.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.1% |
| Analyst forecast (SHEL) (up to 3 years) | 5.0% |
Notable Dividend: SHEL's dividend (4.4%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SHEL's dividend (4.4%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), SHEL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.1%), SHEL's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:00 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shell plc is covered by 77 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thijs Berkelder | ABN AMRO Bank N.V. |
| Alejandro Acosta | Alezor Research |
| Alexandre Andlauer | AlphaValue |