Shell plc (SHEL) Dividend Coverage Ratio (2014 - 2026)

Shell (SHEL) has reported Dividend Coverage Ratio for 12 consecutive years, with 5.0 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Dividend Coverage Ratio rose 194.67% year-over-year to 5.0; the trailing twelve-month figure through Jun 2026 stood at 3.66 (up 121.48% YoY), and the FY2025 full-year result was 3.28, up 82.8% from the prior year.
• Dividend Coverage Ratio advanced to 5.0 in Q2 2026 per SHEL's latest filing, from 2.71 in the prior quarter.
• Across five years, Dividend Coverage Ratio topped out at 6.62 in Q2 2022 and bottomed at 1.58 in Q2 2023.
• Historically, Dividend Coverage Ratio has averaged 3.52 across 5 years, with a median of 3.3 in 2025.
• The sharpest annual moves came in 2023 and 2026: Dividend Coverage Ratio plunged 76.11% in 2023, then surged 194.67% in 2026.
• Over 5 years, Dividend Coverage Ratio stood at 6.62 in 2022, then plunged by 76.11% to 1.58 in 2023, then grew by 2.22% to 1.62 in 2024, then increased by 5.04% to 1.7 in 2025, then soared by 194.67% to 5.0 in 2026.
• According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 5.0, 2.71, and 1.7 for Q2 2026, Q1 2026, and Q2 2025 respectively.