Investors eagerly anticipate the dividend payout from Sherwin-Williams SHW on March 08, 2024. With a payout of $0.71 per share and an annualized dividend yield of 0.93%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 23, 2024
Sherwin-Williams Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-23 | 4 | $0.71 | 0.93% | 2024-02-14 | 2024-02-26 | 2024-03-08 |
| 2023-11-16 | 4 | $0.6 | 0.96% | 2023-10-17 | 2023-11-17 | 2023-12-08 |
| 2023-08-17 | 4 | $0.6 | 0.9% | 2023-07-19 | 2023-08-18 | 2023-09-08 |
| 2023-05-18 | 4 | $0.6 | 1.05% | 2023-04-19 | 2023-05-19 | 2023-06-02 |
| 2023-02-24 | 4 | $0.6 | 1.04% | 2023-02-15 | 2023-02-27 | 2023-03-10 |
| 2022-11-17 | 4 | $0.6 | 1.13% | 2022-10-19 | 2022-11-18 | 2022-12-02 |
| 2022-08-18 | 4 | $0.6 | 0.97% | 2022-07-20 | 2022-08-19 | 2022-09-09 |
| 2022-05-19 | 4 | $0.6 | 0.95% | 2022-04-20 | 2022-05-20 | 2022-06-03 |
| 2022-02-25 | 4 | $0.6 | 0.88% | 2022-02-16 | 2022-02-28 | 2022-03-11 |
| 2021-11-18 | 4 | $0.55 | 0.74% | 2021-10-20 | 2021-11-19 | 2021-12-03 |
| 2021-08-19 | 4 | $0.55 | 0.78% | 2021-07-21 | 2021-08-20 | 2021-09-10 |
| 2021-05-20 | 4 | $0.55 | 0.82% | 2021-04-21 | 2021-05-21 | 2021-06-04 |
Sherwin-Williams's dividend yield falls in the middle range when compared to its industry peers, with Eastman Chemical EMN having the highest annualized dividend yield at 3.63%.
Analyzing Sherwin-Williams Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.79 in 2020 to $2.42 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Sherwin-Williams
Investors can observe a growth in earnings for Sherwin-Williams from 2020 to 2023, as earnings per share increased from $7.91 to $10.42. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article provides an in-depth analysis of Sherwin-Williams's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.71 per share, resulting in an annualized dividend yield of 0.93%.
Sherwin-Williams's dividend yield falls in the middle range when compared to its industry peers, with Eastman Chemical having the highest annualized dividend yield at 3.63%.
Given that Sherwin-Williams has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Sherwin-Williams's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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