
The Sherwin-Williams Company
SHW40 yrs growthBasic Materials · Specialty Chemicals · Stock · quarterly payer
Forward Yield
0.99%
Annual Dividend
$3.18
Payout Ratio
29%
5-Yr Growth
12.1%
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Key facts about SHW's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, The Sherwin-Williams Company (SHW) has a forward dividend yield of 0.99%, based on an annual dividend of $3.18 per share and a share price of $324.10.
- As of Oct 14, 2026, SHW's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, The Sherwin-Williams Company (SHW) has raised its dividend for 40 consecutive years as of Oct 14, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- SHW has never cut its regular dividend in the payment history SmarterDividends has on record.
- SHW's most recent ex-dividend date was Aug 21, 2026, for a dividend of $0.80 per share.
- As of Oct 14, 2026, SHW pays out 29% of its trailing 12-month earnings as dividends (its payout ratio).
- SHW's dividend has grown at an average rate of 12.1% a year over the past five years.
- As of Oct 14, 2026, SHW's 0.99% yield is 11% above its five-year average yield of 0.89%.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for SHW is $216.74 per share, 33% below the $324.10 share price, so SHW screens as overvalued.
- The Sherwin-Williams Company (SHW) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "SHW Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/SHW
Summary
As of Oct 14, 2026, The Sherwin-Williams Company (SHW) yields 0.99% ($3.18 a year per share), has a dividend safety grade of A (92/100) and has 40 consecutive years of dividend increases on record.
Is SHW a good dividend stock?
YesThe Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 0.99% ($3.18/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 40 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (29%)
- Strong 12.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.99%
- Payout Ratio
- 29%
- Annual Dividend
- $3.18
- 5-Yr Avg Growth
- 12.1%
- Ex-Dividend Date
- Aug 21, 2026
- Years of Growth
- 40
- Frequency
- quarterly
- Beta
- 1.08
- Market Cap
- $78.7B
- P/E Ratio
- 29.9
- 5-Yr Total Return
- 1%
- 52-Week Range
- $289.86 – $377.77
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
Is SHW a good dividend stock?
Yes. The Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 0.99% ($3.18/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is SHW undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHW's fair value is about $216.74 versus a $324.10 share price — so it looks overvalued (-33% vs. fair value).
Is SHW's dividend safe?
SHW has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 40-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is SHW's fair value?
Our blended fair-value estimate for SHW is about $216.74 per share, about 33% below the current $324.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SHW a buy, hold, or sell?
We don't issue formal ratings, but on the data SHW screens as "yes" and overvalued. The Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 0.99% ($3.18/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will SHW cut its dividend?
SHW earns a dividend-safety grade of A (92/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SHW pay a dividend?
Yes. The Sherwin-Williams Company pays a quarterly dividend of about $3.18 per share annually, a forward yield of roughly 0.99%.
What is SHW's dividend yield?
As of Oct 14, 2026, SHW's forward dividend yield is 0.99%, based on a $3.18 annual dividend and a $324.10 share price.
What is SHW's dividend per share?
As of Oct 14, 2026, SHW pays $3.18 per share per year, distributed on a quarterly basis.
What is SHW's dividend payout ratio?
As of Oct 14, 2026, SHW's payout ratio is 29% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SHW grown its dividend?
As of Oct 14, 2026, SHW has increased its dividend for 40 consecutive years.
When is the next SHW ex-dividend date?
As of Oct 14, 2026, SHW's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $0.80 per share.
SHW Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+34%
5 Years
+1%
52-Week Range
$289.86 – $377.77
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHW worth?
Overvaluedmedium confidenceOur blended fair-value estimate for The Sherwin-Williams Company is $216.74 per share, versus a market price of $324.10. That implies 33% of downside.
Fair Value
$216.74
Current Price
$324.10
Downside
-33%
Margin of Safety
-50%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 20.4% annual free-cash-flow growth. We model 11.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 11.8% growth for five years fading to 2.5% over the next five, $10.85 EPS, $3.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHW Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full SHW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | Sep 11, 2026 | $0.8000 | regular |
| May 22, 2026 | Jun 5, 2026 | $0.8000 | regular |
| Mar 2, 2026 | Mar 13, 2026 | $0.8000 | regular |
| Nov 14, 2025 | Dec 5, 2025 | $0.7900 | regular |
| Aug 15, 2025 | Sep 5, 2025 | $0.7900 | regular |
| May 16, 2025 | Jun 6, 2025 | $0.7900 | regular |
| Mar 3, 2025 | Mar 14, 2025 | $0.7900 | regular |
| Nov 15, 2024 | Dec 6, 2024 | $0.7150 | regular |
| Aug 16, 2024 | Sep 6, 2024 | $0.7150 | regular |
| May 16, 2024 | Jun 7, 2024 | $0.7150 | regular |
| Feb 23, 2024 | Mar 8, 2024 | $0.7150 | regular |
| Nov 16, 2023 | Dec 8, 2023 | $0.6050 | regular |
| Aug 17, 2023 | Sep 8, 2023 | $0.6050 | regular |
| May 18, 2023 | Jun 2, 2023 | $0.6050 | regular |
Income Calculator
At $3.18 / yr per share
Similar Dividend Stocks
Compare SHW
Explore more
Lists and tools related to SHW
- Dividend Aristocrats (25+ years) →
- Safest dividend stocks →
- Basic Materials dividend stocks →
- SHW dividend calculator →
- SHW DRIP calculator →
- SHW: last day to buy for the dividend →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →




