Shell (SHEL) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.02
- Forward yield
- 2.92%
- Payout ratio
- 33.7%
- Growth streak
- 3 years
Shell pays a quarterly dividend of $0.78 per share. Its most recent payment had an ex-date of August 14, 2026 and was paid on September 21, 2026. Over the trailing twelve months, it paid $3.02 per share, a yield of about 3.09% at a share price of $97.72.
The record shows a steady upward rhythm. Shell has raised its dividend at least once a year, most often with the payment that goes ex-dividend in February. The rate went from $0.48 to $0.50 in May 2022, then to $0.58 in February 2023 and $0.66 in August 2023. It rose to $0.69 in February 2024, $0.72 in February 2025, $0.74 in February 2026 and $0.78 in May 2026. Recent raises were two to four cents, or roughly 2.8% to 5.4%. Since early 2022, the quarterly rate has grown about 63%. Payments by calendar year rose from $1.98 in 2022 to $2.88 in 2025. The company has now increased its dividend for three consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in mid-November 2026 and be paid around December 18. Past raises have most often come with the February payment.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 30, 2026 | Aug 14, 2026 | Sep 21, 2026 | $0.78 |
| May 7, 2026 | May 22, 2026 | Jun 29, 2026 | $0.78 |
| Feb 5, 2026 | Feb 20, 2026 | Mar 30, 2026 | $0.74 |
| Oct 30, 2025 | Nov 14, 2025 | Dec 18, 2025 | $0.72 |
| Jul 31, 2025 | Aug 15, 2025 | Sep 22, 2025 | $0.72 |
| May 2, 2025 | May 16, 2025 | Jun 23, 2025 | $0.72 |
| Jan 30, 2025 | Feb 14, 2025 | Mar 24, 2025 | $0.72 |
| Oct 31, 2024 | Nov 15, 2024 | Dec 19, 2024 | $0.69 |
| Aug 1, 2024 | Aug 16, 2024 | Sep 23, 2024 | $0.69 |
| May 2, 2024 | May 16, 2024 | Jun 24, 2024 | $0.69 |
| Feb 1, 2024 | Feb 15, 2024 | Mar 25, 2024 | $0.69 |
| Nov 2, 2023 | Nov 16, 2023 | Dec 20, 2023 | $0.66 |
| Jul 27, 2023 | Aug 10, 2023 | Sep 18, 2023 | $0.66 |
| May 4, 2023 | May 18, 2023 | Jun 26, 2023 | $0.58 |
| Feb 3, 2023 | Feb 16, 2023 | Mar 27, 2023 | $0.58 |
| Oct 27, 2022 | Nov 9, 2022 | Dec 19, 2022 | $0.50 |
| Jul 28, 2022 | Aug 11, 2022 | Sep 19, 2022 | $0.50 |
| May 5, 2022 | May 19, 2022 | Jun 27, 2022 | $0.50 |
| Feb 3, 2022 | Feb 17, 2022 | Mar 28, 2022 | $0.48 |
Frequently asked questions
Does Shell (SHEL) pay a dividend?
Yes. Shell pays a quarterly dividend; the most recent payment was $0.78 per share.
What is SHEL's dividend yield?
Shell paid $3.02 per share over the trailing twelve months, a yield of 2.92% at the last price of $103.55. Click here to learn more
When is SHEL's most recent ex-dividend date?
Shell's most recent ex-dividend date is Aug 14, 2026, payable on Sep 21, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has SHEL been raising its dividend?
Yes — Shell has increased its dividend for 3 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.