Company Overview - The Sherwin-Williams Company (NYSE:SHW) is an Ohio-based paints and coatings company with a long history and a strong reputation in the industry [2] - The company serves various sectors including automotive, marine applications, and industrial wood coatings, supported by over 5,400 stores and more than 140 manufacturing and distribution sites [2] Dividend Reliability - Sherwin-Williams is recognized for its reliable dividend, maintaining a conservative payout ratio of 26.6% over the past ten years [3] - The company has generated strong free cash flow that comfortably covers its dividend distributions [3] Dividend Growth - The company has increased its dividend payouts for 46 consecutive years, showcasing its commitment to returning value to shareholders [4] - The current quarterly dividend is $0.79 per share, with a dividend yield of 0.91% as of September 20 [4]
Is The Sherwin-Williams Company (SHW) a Reliable Pick in the List of NYSE Dividend Stocks?