The Sherwin-Williams Company (NYSE:SHW) Announces Quarterly Dividend of $0.80

The Sherwin-Williams Company (NYSE:SHW) declared a quarterly dividend on Wednesday, July 22nd. Investors of record on Friday, August 21st will be paid a dividend of 0.80 per share by the specialty chemicals company on Friday, September 11th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st.

Sherwin-Williams has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 48 consecutive years. Sherwin-Williams has a payout ratio of 24.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sherwin-Williams to earn $13.51 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 23.7%.

Sherwin-Williams Trading Up 0.5%

Shares of NYSE:SHW opened at $320.07 on Thursday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. Sherwin-Williams has a 1 year low of $289.86 and a 1 year high of $379.65. The company has a market cap of $78.94 billion, a P/E ratio of 30.72, a PEG ratio of 2.47 and a beta of 1.10. The stock’s fifty day moving average price is $320.35 and its 200-day moving average price is $332.44.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts expect that Sherwin-Williams will post 11.78 earnings per share for the current year.

Sherwin-Williams Company Profile

Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.