The Sherwin-Williams Company (SHW) to Issue Quarterly Dividend of $0.80 on June 5th

The Sherwin-Williams Company (NYSE:SHW) announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.80 per share by the specialty chemicals company on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, May 22nd.

Sherwin-Williams has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 48 years. Sherwin-Williams has a payout ratio of 24.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Sherwin-Williams to earn $13.31 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 24.0%.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $298.65 on Wednesday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The stock has a market cap of $73.66 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 2.62 and a beta of 1.16. The stock has a 50-day moving average of $321.85 and a 200-day moving average of $336.10. Sherwin-Williams has a one year low of $294.32 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, sell-side analysts expect that Sherwin-Williams will post 11.74 earnings per share for the current year.

About Sherwin-Williams

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.