The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Aug 17, 2026
Snapshot (as of Aug 17, 2026): Shell plc (SHEL) pays a $3.06 annual dividend ($0.78 quarterly), yielding 3.39% at $91.00/share. Next ex-dividend date 2026-08-14. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.39%
Annual Dividend: $3.06 per share
Payout Ratio: 32.5%
Ex-Dividend Date: 2026-08-14
Dividend Frequency: quarterly
Sector: Energy
Years of Dividend History: 42
Shell plc pays a $3.06 annual dividend per share, making the Shell plc dividend a meaningful income source for investors in the energy sector. SHEL currently yields 3.4%, paid quarterly, with the next ex-dividend date on August 14, 2026. The last quarterly payment was $0.7812 per share. With a beta of -0.235, SHEL stock moves inversely to the broader market, which appeals to income-focused investors seeking a counterweight to equity volatility.
Shell plc pays out 32.5% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves substantial room to maintain payments even if earnings dip, supported by Shell's diversified operations spanning LNG trading, upstream oil and gas, refining, and petrochemicals across multiple continents. Shell plc dividend safety faces its most direct pressure from commodity price swings, which directly affect earnings in the Upstream and Integrated Gas segments and have historically caused the payout to fluctuate.
Shell plc dividend history shows a CAGR of -1.1% per year from 2010 to 2025. The per-share annual dividend moved from $3.36 at the start of the window to $2.86 by 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 64.9% in 2023, reflecting a sharp recovery after years of cuts rather than organic growth. The history also contains at least one year-over-year decline exceeding 5%, most visibly in 2021 and 2022.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +24.1% | $1.50 (2022) | $2.86 (2025) |
| 5-Year | +8.4% | $1.91 (2020) | $2.86 (2025) |
| 10-Year | -2.7% | $3.76 (2015) | $2.86 (2025) |
SHEL fits income-focused investors who want exposure to a globally diversified energy business and can accept a dividend that has been rebuilt rather than grown steadily. The current yield of 3.4% sits in the moderate (2-4%) range and is notably above the 5-year average yield of 2.59%, meaning today's entry point delivers more income than the historical norm. The trade-off is a negative long-term CAGR of -1.1%, which reflects a real cut and recovery cycle rather than compounding growth. What an investor gets is a well-covered quarterly income stream from a company operating across LNG, refining, and renewables. What they accept is a dividend that has been cut before and has only three consecutive years of increases behind it.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-14 | $0.7812 |
| 2026-05-22 | $0.7812 |
| 2026-02-20 | $0.7440 |
| 2025-11-14 | $0.7160 |
| 2025-08-15 | $0.7160 |
| 2025-05-16 | $0.7160 |
| 2025-02-14 | $0.7160 |
| 2024-11-15 | $0.6880 |
| 2024-08-16 | $0.6880 |
| 2024-05-16 | $0.6880 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.3064 |
| 2025 | $2.8640 |
| 2024 | $2.7520 |
| 2023 | $2.4740 |
| 2022 | $1.5000 |
Project income from SHEL with the SHEL dividend calculator or track your full portfolio with the dividend tracker.