The Sherwin-Williams Company
SHW40 yrs growthBasic Materials · Stock · quarterly payer
Forward Yield
1.00%
Annual Dividend
$3.20
Payout Ratio
29%
5-Yr Growth
12.1%
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Summary
As of September 2026, The Sherwin-Williams Company (SHW) yields 1.00% ($3.20 per share annually), with a blended fair-value estimate of $215.65 — -33% downside, so it screens as overvalued. Dividend safety grade: A (92/100). 40 years of dividend growth.
Is SHW a good dividend stock?
YesThe Sherwin-Williams Company (SHW) pays a quarterly dividend yielding 1.00% ($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
- 1.00%
- Payout Ratio
- 29%
- Annual Dividend
- $3.20
- 5-Yr Avg Growth
- 12.1%
- Ex-Dividend Date
- Aug 21, 2026
- Years of Growth
- 40
- Frequency
- quarterly
- Beta
- 1.09
- Market Cap
- $77.9B
- P/E Ratio
- 29.6
- 5-Yr Total Return
- 1%
- 52-Week Range
- $289.86 – $377.77
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
SHW Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+35%
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 $215.65 per share, versus a market price of $320.73. That implies 33% of downside.
Fair Value
$215.65
Current Price
$320.73
Downside
-33%
Margin of Safety
-49%
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 40.0% annual free-cash-flow growth. We model 12.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 12.2% stage-1 growth, 2.5% terminal growth, $10.84 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | — | $0.8000 | regular |
| May 22, 2026 | — | $0.8000 | regular |
| Mar 2, 2026 | — | $0.8000 | regular |
| Nov 14, 2025 | — | $0.7900 | regular |
| Aug 15, 2025 | — | $0.7900 | regular |
| May 16, 2025 | — | $0.7900 | regular |
| Mar 3, 2025 | — | $0.7900 | regular |
| Nov 15, 2024 | — | $0.7150 | regular |
| Aug 16, 2024 | — | $0.7150 | regular |
| May 16, 2024 | — | $0.7150 | regular |
| Feb 23, 2024 | — | $0.7150 | regular |
| Nov 16, 2023 | — | $0.6050 | regular |
| Aug 17, 2023 | — | $0.6050 | regular |
| May 18, 2023 | — | $0.6050 | regular |
Income Calculator
At $3.20 / yr per share
