Shell plc (SHEL) Dividend History

NYSE: SHELYield, payment dates, growth and payout ratio.

SHEL latest dividend

$0.78last dividend per share
Ex-dividend dateAug 14Friday, 2026
Payment dateSep 21Monday, 2026

The next dividend has not been announced yet.

  • 4 yearsof dividend increases
  • 1985paying since
  • Quarterly4 payments a year
  • +8.4%5-year growth a year
  • 2.93%forward yield

SHEL dividend income calculator

Dividend income a year
$312
Each payment
$78
Value of the shares
$10,666
Dividend yield
2.93%

At the latest close; forward annual dividend $3.12 per share, before tax.

SHEL dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

SHEL dividend safety

Payout ratio (earnings)33.7%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)35.4%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+8.4%
Growing · a year on average
Years of increases4
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

SHEL yield on cost

Shell plc yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$72.594.30%$3.024.2%
3 years ago$68.494.56%$8.5812.5%
5 years ago$48.606.42%$12.8626.5%
10 years ago$50.626.16%$28.1555.6%
20 years ago$65.964.73%$62.0394.0%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

SHEL dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

SHEL dividends by year

Shell plc dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$2.86+4.1%3.90%4
2024$2.75+11.2%4.39%4
2023$2.47+24.9%3.76%4
2022$1.98+20.7%3.48%4
2021$1.64−14.3%3.78%4
2020$1.91−49.1%5.44%4
2019$3.760.0%6.38%4
2018$3.760.0%6.45%4
2017$3.760.0%5.64%4
2016$3.760.0%6.91%4
2015$3.76+1.1%8.21%4
2014$3.72+4.5%5.56%4
2013$3.56+4.1%5.00%4
2012$3.42+1.8%4.96%4
2011$3.360.0%4.60%4
2010$3.36+1.2%5.03%4
2009$3.32+6.4%5.52%4
2008$3.12+11.0%5.89%4
2007$2.81+14.8%3.34%4
2006$2.45—3.46%4

SHEL dividend history

129 payments
Shell plc dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-142026-09-21$0.7812—Quarterly
2026-05-222026-06-29$0.7812+5.0%Quarterly
2026-02-19—$0.744+3.9%
2025-11-142025-12-18$0.716—Quarterly
2025-08-152025-09-22$0.716—Quarterly
2025-05-162025-06-23$0.716—Quarterly
2025-02-142025-03-24$0.716+4.1%Quarterly
2024-11-152024-12-19$0.688—Quarterly
2024-08-162024-09-23$0.688—Quarterly
2024-05-162024-06-24$0.688—Quarterly
2024-02-152024-03-25$0.688+3.9%Quarterly
2023-11-162023-12-20$0.662—Quarterly
2023-08-102023-09-18$0.662+15.1%Quarterly
2023-05-182023-06-26$0.575—Quarterly
2023-02-162023-03-27$0.575+15.0%Quarterly
2022-11-092022-12-19$0.5—Quarterly
Show all 129 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-112022-09-20$0.5—Quarterly
2022-05-192022-06-27$0.5+4.2%Quarterly
2022-02-172022-03-28$0.48—Quarterly
2021-11-102021-12-20$0.48—Quarterly
2021-08-122021-09-20$0.48+38.3%Quarterly
2021-05-132021-06-21$0.347+4.2%Quarterly
2021-02-182021-03-29$0.333—Quarterly
2020-11-122020-12-16$0.333+4.1%Quarterly
2020-08-132020-09-21$0.32—Quarterly
2020-05-142020-06-22$0.32−66.0%Quarterly
2020-02-132020-03-23$0.94—Quarterly
2019-11-142019-12-18$0.94—Quarterly
2019-08-152019-09-23$0.94—Quarterly
2019-05-162019-06-24$0.94—Quarterly
2019-02-142019-03-25$0.94—Quarterly
2018-11-152018-12-19$0.94—Quarterly
2018-08-092018-09-17$0.94—Quarterly
2018-05-102018-06-18$0.94—Quarterly
2018-02-152018-03-26$0.94—Quarterly
2017-11-162017-12-20$0.94—Quarterly
2017-08-092017-09-18$0.94—Quarterly
2017-05-172017-06-26$0.94—Quarterly
2017-02-152017-03-27$0.94—Quarterly
2016-11-082016-12-02$0.94—Quarterly
2016-08-102016-09-19$0.94—Quarterly
2016-05-182016-06-27$0.94—Quarterly
2016-02-172016-03-29$0.94—Quarterly
2015-11-102015-12-18$0.94—Quarterly
2015-08-122015-09-21$0.94—Quarterly
2015-05-132015-06-22$0.94—Quarterly
2015-02-112015-03-20$0.94—Quarterly
2014-11-122014-12-22$0.94—Quarterly
2014-08-132014-09-25$0.94—Quarterly
2014-05-142014-06-26$0.94+4.4%Quarterly
2014-02-122014-03-27$0.9—Quarterly
2013-11-132013-12-23$0.9—Quarterly
2013-08-142013-09-26$0.9—Quarterly
2013-05-152013-06-27$0.9+4.7%
2013-02-132013-03-28$0.86—Quarterly
2012-11-142012-12-20$0.86—Quarterly
2012-08-082012-09-20$0.86—Quarterly
2012-05-092012-06-21$0.86+2.4%Quarterly
2012-02-152012-03-22$0.84—Quarterly
2011-11-022011-12-16$0.84—Quarterly
2011-08-032011-09-19$0.84—Quarterly
2011-05-112011-06-27$0.84—Quarterly
2011-02-092011-03-25$0.84—Quarterly
2010-11-032010-12-17$0.84—Quarterly
2010-08-042010-09-08$0.84—Quarterly
2010-05-052010-06-09$0.84—Quarterly
2010-02-102010-03-17$0.84—Quarterly
2009-11-042009-12-09$0.84—Quarterly
2009-08-052009-09-09$0.84—Quarterly
2009-05-062009-06-10$0.84+5.0%Quarterly
2009-02-042009-03-11$0.8—Quarterly
2008-11-052008-12-10$0.8—Quarterly
2008-08-062008-09-10$0.8—Quarterly
2008-05-142008-06-11$0.8+11.1%Quarterly
2008-02-062008-03-12$0.72—Quarterly
2007-10-312007-12-12$0.72—Quarterly
2007-08-012007-09-12$0.72—
2007-05-092007-06-13$0.72+10.8%Quarterly
2007-02-072007-03-14$0.65+3.3%Quarterly
2006-11-012006-12-13$0.6294−0.2%
2006-08-022006-09-13$0.6308+0.0%
2006-05-102006-06-14$0.6305+13.3%
2006-02-082006-03-15$0.5566+0.2%
2005-11-022005-12-15$0.5556+0.3%
2005-08-032005-09-15$0.5538−6.3%
2005-04-29—$0.5909−55.5%
2005-02-04—$1.33+47.2%
2004-07-30—$0.9009−25.4%
2004-04-28—$1.21+32.7%
2004-04-26—$0.9101+7.1%
2003-07-25—$0.85−22.8%
2003-04-24—$1.10+58.1%
2002-08-02—$0.6969−21.1%
2002-05-17—$0.8834+44.1%
2001-08-03—$0.6131−23.2%
2001-05-18—$0.7981+31.8%
2000-08-04—$0.6054−21.9%
2000-05-10—$0.7756+11.2%
1999-08-06—$0.6972−21.5%
1999-05-10—$0.8882+25.6%
1998-09-14—$0.7071−21.4%
1998-05-12—$0.9+18.4%
1998-05-11—$0.76+16.8%
1997-09-15—$0.6507−20.4%
1997-05-15—$0.8171+28.9%
1996-09-16—$0.634−21.9%
1996-05-17—$0.8121+38.9%
1995-09-18—$0.5848−25.1%
1995-05-19—$0.7803+42.6%
1994-09-19—$0.5471−15.1%
1994-05-20—$0.6442+25.4%
1993-09-13—$0.5139−23.2%
1993-05-14—$0.669+18.7%
1992-09-14—$0.5636−13.8%
1992-05-15—$0.6539+44.5%
1991-09-16—$0.4526−23.3%
1991-05-17—$0.5903+26.3%
1990-09-18—$0.4675−20.8%
1990-05-22—$0.59+61.6%
1989-09-19—$0.365−23.2%
1989-05-16—$0.475+31.8%
1988-09-20—$0.3605−34.6%
1988-05-17—$0.5512+99.3%
1987-09-15—$0.2765−46.2%
1987-05-19—$0.5138+113.2%
1986-09-16—$0.241−42.6%
1986-05-20—$0.42+1,069.9%
1985-09-17—$0.0359−30.4%
1985-05-24—$0.0516—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

SHEL stock split history

  • 4:1June 30, 1997
  • 2:1January 18, 1989

SHEL dividend overview

Shell pays an annual dividend of $3.12 per share, a yield of 2.93% at the latest close, paid quarterly. It paid $2.86 per share in 2025, up 4.1% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 8.4% a year on average and over ten years −2.7% a year. The payout ratio is 33.7% of trailing earnings.

Related: SHEL cash flow statement, SHEL key metrics, SHEL chart. See the SHEL stock overview for the latest quote and news.

SHEL dividends FAQ

Does Shell pay a dividend?

Yes. Shell has paid a regular dividend since 1985, quarterly, most recently $0.78 per share with an ex-dividend date of August 14, 2026.

What is Shell's dividend yield?

Shell's forward annual dividend is $3.12 per share, a dividend yield of 2.93% at the latest close of $106.66.

How often does Shell pay dividends?

Shell pays dividends quarterly.

How fast is Shell's dividend growing?

Shell's dividend per share grew from $1.91 in 2020 to $2.86 in 2025, 8.4% a year on average over five years; it has increased for 4 years in a row.

What is Shell's dividend payout ratio?

Shell pays out 33.7% of its trailing earnings as dividends and 35.4% of its free cash flow (fiscal 2025).

Has Shell split its stock?

Shell has split its stock 2 times: 4:1 on June 30, 1997, 2:1 on January 18, 1989. Dividends per share on this page are adjusted for splits.

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