SHELL Dividend History & Analysis | 3.8% Yield

SHELL has a dividend yield of 3.8% and paid 1.27 EUR per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.79%
Payout Ratio 49.7%
Growth Rate CAGR 5y 10.1%
Consistency Lifetime 100%
Yield on Cost 5y 9%
Payout FCF 44.4%
Streak Years 5
Dividend Rating 71.5%
Chowder Number yield + growth 13.9% meets 12% target for healthy growth
Yield vs Average 5y +3.1% avg 3.67% vs now 3.79%
Debt / EBITDA leverage 1.5x healthy
Income per 10k invested 379 EUR per year
Dividends Cash Amount per Share Yearly SHELL annual dividends paid per share, showing the total cash Shell distributed to shareholders each year.
Dividend Growth Year over Year SHELL year-over-year dividend growth rate, showing how Shell's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History SHELL dividend yield history versus share price over the past 5 years, showing how Shell's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Integrated Oil & Gas

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PBR NYSE
Petroleo Brasileiro
103,819 M 6.47% 25.77%
OMV VI
OMV Aktiengesellschaft
21,968 M 7.40% 14.67%
ENI MI
Eni S.p.A.
68,157 M 5.68% 14.52%
REP MC
Repsol S.A.
28,077 M 5.61% 14.57%
BPE5 XETRA
BP (Reg. Shares)
96,413 M 6.37% 11.86%
E NYSE
Eni
68,345 M 5.15% 13.14%
EQNR OL
Equinor ASA
77,862 M 5.54% 12.14%
TTE PA
TotalEnergies SE
169,739 M 5.52% 12.12%
BP NYSE
BP
96,307 M 5.29% 9.88%
EC NYSE
Ecopetrol
30,200 M 4.89% 9.54%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CVE NYSE
Cenovus Energy
45,968 M 30.38% 90.7%
OXY NYSE
Occidental Petroleum
48,648 M 28.47% 91.7%
IMO NYSE MKT
Imperial Oil
56,571 M 23.54% 100.0%
REP MC
Repsol S.A.
28,077 M 14.73% 100.0%
BPE5 XETRA
BP (Reg. Shares)
96,413 M 11.73% 100.0%
BP NYSE
BP
96,307 M 11.62% 100.0%
SHELL AS
Shell
215,177 M 10.11% 100.0%
CVX NYSE
Chevron
336,978 M 6.34% 100.0%
GALP LS
Galp Energia SGPS S.A.
17,475 M 6.49% 100.0%
XOM NYSE
Exxon Mobil
568,231 M 4.01% 100.0%

SHELL Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.98% 100
Mar - -
Apr - -
May 0.94% 100
Jun - -
Jul - -
Aug 1.02% 100
Sep - -
Oct - -
Nov 1.00% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (EUR) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-21 0.3376 +5.9% 0.91%
2026-02-19 0.3188 +3.8% 0.94%
2025-11-13 2025-12-18 0.307 -0.6% 0.94%
2025-08-14 2025-09-22 0.309 -1.4% 1%
2025-05-15 2025-06-23 0.3135 -6% 1.07%
2025-02-13 2025-03-24 0.3336 +2.7% 1.05%
2024-11-14 2024-11-15 2024-12-19 Quarterly 0.3248 +6.2% 1.06%
2024-08-15 Quarterly 0.306 -2.5% 0.93%
2024-05-16 Quarterly 0.314 -0.2% 0.94%
2024-02-15 Quarterly 0.3146 +4.5% 1.08%
2023-11-16 Quarterly 0.3009 -1.2% 0.99%
2023-08-10 Quarterly 0.3046 +13.7% 1.07%
2023-05-18 Quarterly 0.2678 -1.4% 0.96%
2023-02-16 Quarterly 0.2716 +13.3% 0.94%
2022-11-10 Quarterly 0.2398 -4% 0.9%
2022-08-11 Quarterly 0.2499 +6.5% 0.97%
2022-05-19 Quarterly 0.2346 +7.6% 0.85%
2022-02-17 Quarterly 0.2181 +2.8% 0.91%
2021-11-11 0.2121 +4.8% 1.09%
2021-08-12 0.2024 0% 1.15%

SHELL Dividend FAQ

What is the Dividend Yield of SHELL?

As of July 2026, SHELL's dividend yield is 3.79%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.27 EUR by the current share price of 35.74.

Does SHELL pay a dividend?

As of July 2026, SHELL paid a dividend of 1.27 EUR in the last 12 months. The last dividend was paid on 2026-05-21 and the payout was 0.33756 EUR.

How often does SHELL pay dividends?

SHELL pays dividends quarterly. Over the last 12 months, SHELL has issued 4 dividend payments. The last dividend payment was made on 2026-05-21.

SHELL dividend forecast

Based on historical data, the forecasted dividends per share for SHELL for the next payments are between 0.325 (-3.7%) and 0.333 (-1.4%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.67%.

Will SHELL pay dividends in 2026?

The latest dividend paid per share was 0.33756 EUR with an Ex-Dividend Date of 2026-05-21. The next Ex-Dividend date for Shell (SHELL) is currently unknown.

What is the next Ex-Dividend Date for SHELL?

The next Ex-Dividend date for Shell (SHELL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SHELL?

SHELL's average dividend growth rate over the past 5 years is 10.1% per year. Strong growth: SHELL's dividend growth is outpacing inflation.

What is the Yield on Cost of SHELL?

SHELL's 5-Year Yield on Cost is 9.03%. If you bought SHELL's shares at 14.10 EUR five years ago, your current annual dividend income (1.27 EUR per share, trailing 12 months) equals 9.03% of your original purchase price.

What is the Payout Consistency of SHELL?

SHELL Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Shell has a strong track record of consistent dividend payments over its lifetime.

Does SHELL have a good Dividend Yield?

SHELL's 3.79% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SHELL?

The Dividend Payout Ratio of SHELL is 49.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of SHELL?

SHELL's Overall Dividend Rating is 71.49%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SHELL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in SHELL's Outstanding Shares?

Shell's outstanding shares have decreased by approximately 6.48% annually over the past 3 years (Trend Reliability: -80.9%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has SHELL ever had a Stock Split?

Yes, the last stock split was on Jul 20, 2005 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2004 23,586,481,000 0%
2005 6,535,300,000 -72.29%
2006 6,306,500,000 -3.5%
2007 6,211,400,000 -1.51%
2008 6,124,490,700 -1.4%
2009 6,132,800,000 +0.14%
2010 6,174,000,000 +0.67%
2011 6,241,000,000 +1.09%
2012 6,289,200,000 +0.77%
2013 6,275,100,000 -0.22%
2014 6,301,100,000 +0.41%
2015 6,416,100,000 +1.83%
2016 8,170,100,000 +27.34%
2017 8,354,500,000 +2.26%
2018 8,289,400,000 -0.78%
2019 7,962,500,000 -3.94%
2020 7,784,400,000 -2.24%
2021 7,744,300,000 -0.52%
2022 7,127,200,000 -7.97%
2023 6,631,100,000 -6.96%
2024 6,213,900,000 -6.29%
2025 5,799,700,000 -6.67%
2026 5,703,700,000 -1.66%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-06 02:05 UTC