Sherwin-Williams (SHW) Dividend

40 yrs growth

The Sherwin-Williams Company · Basic Materials · Specialty Chemicals · quarterly payer

$353.10

As of Nov 5, 2026, Sherwin-Williams (SHW) pays a quarterly dividend of $0.80 per share, or $3.20 a year, a 0.88% yield at its $353.10 share price. The next ex-dividend date is Nov 13, 2026, paid Dec 4, 2026. It has raised its dividend 40 years in a row and has a dividend safety grade of A.

Forward Yield

0.88%

Annual Dividend

$3.20

Payout Ratio

29%

5-Yr Growth

12.1%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about SHW's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, The Sherwin-Williams Company (SHW) has a forward dividend yield of 0.88%, based on an annual dividend of $3.20 per share and a share price of $353.10.
As of Nov 5, 2026, SHW's dividend safety grade from SmarterDividends is A (93 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 Nov 5, 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 next ex-dividend date is Nov 13, 2026, with payment on Dec 4, 2026. Shares must be owned before that date to receive the dividend.
As of Nov 5, 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 Nov 5, 2026, SmarterDividends' blended fair-value estimate for SHW is $200.45 per share, 43% below the $353.10 share price, so SHW screens as overvalued.
The Sherwin-Williams Company (SHW) pays its dividend quarterly, 4 times a year.
The Sherwin-Williams Company (SHW) has raised its regular dividend 41 times and cut it 0 times across the 165 payments on record since 1985. Its most recent change was a 1.3% increase to $0.800 per share, going ex-dividend on Mar 2, 2026.
Sherwin-Williams (SHW) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 1.3%, was declared on Feb 18, 2026.

Cite this page

SmarterDividends, "SHW Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/SHW

Is SHW a good dividend stock?

Yes

The Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 0.88% ($3.20/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: 0.88%
Payout Ratio: 29%
Annual Dividend: $3.20
5-Yr Avg Growth: 12.1%
Ex-Dividend Date: Nov 13, 2026
Years of Growth: 40
Frequency: quarterly
Beta: 1.05
Market Cap: $85.3B
P/E Ratio: 32.5
5-Yr Total Return: 0%
52-Week Range: $289.86 – $377.77
Dividend Safety: A · 93/100
Ever Cut?: No

SHW dividend raises and cuts

The Sherwin-Williams Company (SHW) has raised its regular dividend 41 times and cut it 0 times across the 165 payments on record since 1985. Its most recent change was a 1.3% increase to $0.800 per share, going ex-dividend on Mar 2, 2026.

Ex-date	Change	Old → new	Move
Mar 2, 2026	Raise	$0.790 → $0.800	+1.3%
Mar 3, 2025	Raise	$0.715 → $0.790	+10.5%
Feb 23, 2024	Raise	$0.605 → $0.715	+18.2%
Feb 24, 2023	Raise	$0.600 → $0.605	+0.8%
Feb 25, 2022	Raise	$0.550 → $0.600	+9.1%
Feb 26, 2021	Raise	$0.447 → $0.550	+23.1%
Feb 28, 2020	Raise	$0.377 → $0.447	+18.6%
Feb 22, 2019	Raise	$0.287 → $0.377	+31.4%
Feb 23, 2018	Raise	$0.283 → $0.287	+1.2%
Feb 23, 2017	Raise	$0.280 → $0.283	+1.2%
Feb 25, 2016	Raise	$0.223 → $0.280	+25.4%
Feb 26, 2015	Raise	$0.183 → $0.223	+21.8%

Show all 41 changes since 1986

Ex-date	Change	Old → new	Move
Feb 27, 2014	Raise	$0.167 → $0.183	+10.0%
Feb 21, 2013	Raise	$0.130 → $0.167	+28.2%
Feb 23, 2012	Raise	$0.122 → $0.130	+6.8%
Feb 23, 2011	Raise	$0.120 → $0.122	+1.4%
Feb 24, 2010	Raise	$0.118 → $0.120	+1.4%
Feb 25, 2009	Raise	$0.117 → $0.118	+1.4%
Feb 27, 2008	Raise	$0.105 → $0.117	+11.1%
Feb 28, 2007	Raise	$0.0833 → $0.105	+26.0%
Mar 1, 2006	Raise	$0.0683 → $0.0833	+22.0%
Feb 24, 2005	Raise	$0.0567 → $0.0683	+20.6%
Feb 19, 2004	Raise	$0.0517 → $0.0567	+9.7%
Feb 20, 2003	Raise	$0.0500 → $0.0517	+3.3%
May 22, 2002	Raise	$0.0483 → $0.0500	+3.4%
Feb 22, 2001	Raise	$0.0450 → $0.0483	+7.4%
Feb 24, 2000	Raise	$0.0400 → $0.0450	+12.5%
Feb 25, 1999	Raise	$0.0373 → $0.0400	+7.1%
Feb 26, 1998	Raise	$0.0333 → $0.0373	+12.0%
Feb 27, 1997	Raise	$0.0292 → $0.0333	+14.3%
Feb 29, 1996	Raise	$0.0267 → $0.0292	+9.4%
Feb 21, 1995	Raise	$0.0233 → $0.0267	+14.3%
Feb 22, 1994	Raise	$0.0208 → $0.0233	+12.0%
Feb 23, 1993	Raise	$0.0183 → $0.0208	+13.6%
Feb 25, 1992	Raise	$0.0175 → $0.0183	+4.8%
Feb 26, 1991	Raise	$0.0158 → $0.0175	+10.5%
Feb 27, 1990	Raise	$0.0146 → $0.0158	+8.6%
Feb 21, 1989	Raise	$0.0133 → $0.0146	+9.4%
Feb 23, 1988	Raise	$0.0117 → $0.0133	+14.3%
Feb 23, 1987	Raise	$0.0104 → $0.0117	+12.0%
Feb 24, 1986	Raise	$0.0096 → $0.0104	+8.7%

Every SHW payment →Download every raise and cut (CSV)

SHW ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →SHW dividend historyEvery payment, totals by year, raises and cutsView →SHW dividend calculator100 shares pay $320.00 a year, $80.00 each quarterCalculate →SHW total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is SHW a good dividend stock?

Yes. The Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 0.88% ($3.20/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 $200.45 versus a $353.10 share price — so it looks overvalued (-43% vs. fair value).

Is SHW's dividend safe?

SHW has a dividend-safety grade of A (93/100), 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 $200.45 per share, about 43% below the current $353.10 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 0.88% ($3.20/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 (93/100), 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 $3.20 per share annually, a forward yield of roughly 0.88%.

How much dividend does 100 shares of SHW pay?

At $3.20 per share a year, 100 shares of SHW pay $320.00 a year in dividends before tax, about $80.00 each quarter. Buying them costs about $35,310 at the Nov 5, 2026 price.

What is SHW's dividend yield?

As of Nov 5, 2026, SHW's forward dividend yield is 0.88%, based on a $3.20 annual dividend and a $353.10 share price.

What is SHW's dividend per share?

As of Nov 5, 2026, SHW pays $3.20 per share per year, distributed on a quarterly basis.

What is SHW's dividend payout ratio?

As of Nov 5, 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 Nov 5, 2026, SHW has increased its dividend for 40 consecutive years.

When is the next SHW ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for SHW is Nov 13, 2026.

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