LIN vs SHW: Which Is the Better Dividend Stock?
As of Nov 5, 2026, LIN and SHW are closely matched. LIN offers the higher yield at 1.22%, LIN has the higher dividend-safety score, and SHW looks like the better value (its fair-value estimate is 43% below its share price).
Key facts: LIN vs SHW
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Linde plc (LIN) has the higher forward dividend yield at 1.22%, versus 0.88% for The Sherwin-Williams Company (SHW).
- As of Nov 5, 2026, SmarterDividends grades LIN's dividend safety A (94/100) and SHW's A (93/100).
- By SmarterDividends' count as of Nov 5, 2026, LIN has raised its dividend for 32 consecutive years and SHW for 40.
- As of Nov 5, 2026, LIN pays out 42% of its earnings as dividends and SHW pays out 29%.
- As of Nov 5, 2026, LIN's fair-value estimate is 47% below its share price and SHW's fair-value estimate is 43% below its share price, so SHW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LIN vs SHW: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/lin-vs-shw
| Metric | LIN | SHW |
|---|---|---|
| Forward yield | 1.22% | 0.88% |
| Annual dividend | $6.40 | $3.20 |
| Payout ratio | 42% | 29% |
| Years of growth | 32 yr | 40 yr |
| 5-yr dividend growth | 9.3% | 12.1% |
| 5-yr total return | 62% | 0% |
| Dividend safety score | 94 (A) | 93 (A) |
| Fair value estimate | $278.01 | $200.45 |
| Upside to fair value | -47% | -43% |
| Frequency | quarterly | quarterly |
| Market cap | $241.0B | $85.3B |
| P/E ratio | 34.9 | 32.5 |
Higher yield
LIN
1.22%
Safer dividend
LIN
Grade A
Faster growth
SHW
12.1%
Better value
SHW
-43% upside
LIN vs SHW — FAQ
Is LIN or SHW a better dividend stock?
LIN and SHW are closely matched. LIN has the higher yield; LIN scores better on safety.
Which has a higher dividend yield, LIN or SHW?
LIN has the higher forward dividend yield at 1.22%, versus 0.88% for SHW.
Is LIN or SHW safer?
LIN has the higher dividend-safety score (94/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.
Is LIN or SHW better value right now?
As of Nov 5, 2026, SHW looks like the better value: its fair-value estimate is 43% below its share price (overvalued). For LIN, its fair-value estimate is 47% below its share price.
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