The Sherwin-Williams Company (SHW) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
SHW Dividend Income Check
Safety
30.7% payout ratio with sustainable safety profile.
Consistency
40 straight years of dividend increases.
Income Trend
Yield on cost is 1.3% and trend is rising.
SHW Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
SHW Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
SHW Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
The Sherwin-Williams Company distributes 30.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 26.9%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
SHW has raised its dividend for 40 consecutive years, with a 3-year CAGR of 9.6% and 5-year CAGR of 12.1%.
Total Shareholder Returns
Beyond cash dividends, SHW returns capital through share repurchases. The combined picture: 1.0% dividend yield, 1.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.3% and is currently rising. The 5-year total return is 16.1%, with dividends contributing 4.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,004 today.
SHW Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 22, 2026Latest | $0.8000 | — | 1.00% | Jun 5, 2026 |
| Mar 2, 2026 | $0.8000 | ↑ +1.3% | 89.02% | Mar 13, 2026 |
| Nov 14, 2025 | $0.7900 | — | 95.13% | Dec 5, 2025 |
| Aug 15, 2025 | $0.7900 | — | 84.66% | Sep 5, 2025 |
| May 16, 2025 | $0.7900 | — | 82.80% | Jun 6, 2025 |
| Mar 3, 2025 | $0.7900 | ↑ +10.5% | 82.28% | Mar 14, 2025 |
| Nov 15, 2024 | $0.7150 | — | 75.46% | Dec 6, 2024 |
| Aug 16, 2024 | $0.7150 | — | 77.60% | Sep 6, 2024 |
SHW Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $79.0B | 1.0% | 30.7% | 40 | Sustainable | |
| $24.4B | 2.5% | 39.8% | 15 | Sustainable | |
| $13.0B | 2.0% | 37.1% | 30 | Sustainable | |
1st | $2.6B | 5.7% | — | 0 | Unknown |
2nd | $8.4B | 4.5% | 80.4% | 12 | Watch |
| $3.3B | 1.5% | 33.1% | 23 | Sustainable | |
3rd | $1.3B | 3.6% | — | 0 | Unknown |
| $1.9B | 2.2% | 36.4% | 12 | Sustainable |
SHW Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.60 | — | 2 | — | — | — | 0.7% |
| 2025 | $3.16 | 10.5% | 4 | $10.27 | 30.8% | 3.25x | 1.3% |
| 2024 | $2.86 | 18.2% | 4 | $10.55 | 27.1% | 3.69x | 1.2% |
| 2023 | $2.42 | 0.8% | 4 | $9.25 | 26.2% | 3.82x | 1.0% |
| 2022 | $2.40 | 9.1% | 4 | $7.72 | 31.1% | 3.22x | 1.0% |
| 2021 | $2.20 | 23.1% | 4 | $6.98 | 31.5% | 3.17x | 0.9% |
| 2020 | $1.79 | 18.6% | 4 | $7.35 | 24.3% | 4.11x | 0.7% |
| 2019 | $1.51 | 31.4% | 4 | $5.50 | 27.4% | 3.65x | 0.6% |
| 2018 | $1.15 | 1.2% | 4 | $3.89 | 29.5% | 3.39x | 0.5% |
| 2017 | $1.13 | 1.2% | 4 | $6.22 | 18.2% | 5.49x | 0.5% |
Full SHW Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See SHW's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare SHW vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonSHW — Frequently Asked Questions
Quick answers to the most common questions about buying SHW stock.
How much dividend does SHW pay per share?
The Sherwin-Williams Company (SHW) pays a trailing 12-month dividend of $3.17 per share, with a current dividend yield of +1.0%. Payments are made Semi-Annual.
When is SHW's next ex-dividend date?
SHW's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SHW typically pays dividends Semi-Annual.
Is SHW's dividend safe?
SHW's dividend safety is rated "Sustainable" based on an earnings payout ratio of +30.7% and FCF payout ratio of +26.9%. With 40 consecutive years of dividend growth, the track record supports sustainability.
Is SHW a Dividend Aristocrat?
Yes, The Sherwin-Williams Company is classified as a Dividend Aristocrat with 40 consecutive years of dividend increases. The 5-year dividend CAGR is +12.1%, demonstrating above-inflation dividend growth.
How often does SHW pay dividends?
The Sherwin-Williams Company pays dividends Semi-Annual. The trailing 12-month total is $3.17 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in SHW grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SHW five years ago would be worth approximately $11,612 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SHW's yield on cost for long-term holders?
SHW's yield on cost — the current dividend divided by the original purchase price — is +1.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.0% market yield, thanks to consistent dividend growth.