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The Sherwin-Williams Company’s (SHW) Consistent Payouts Make it a Top Pick Among Promising Dividend Stocks
Yahoo Finance· 2025-10-10 03:42
Core Insights - The Sherwin-Williams Company (NYSE:SHW) is recognized as one of the 12 Most Promising Dividend Stocks by Wall Street Analysts [1] - The company has a long-standing legacy since its establishment in 1866, evolving from a modest paint business to a significant player in the coatings industry with over 5,400 stores and 140 manufacturing and distribution centers [2] - The appeal of SHW as an income stock is attributed to its consistent and sustainable dividends, maintaining a conservative payout ratio of approximately 26.6% supported by strong free cash flow [3] Dividend Performance - Sherwin-Williams has rewarded shareholders with steady dividend increases for 46 consecutive years, and if this trend continues for another four years, it will achieve the status of Dividend Kings [4] - The company currently pays a quarterly dividend of $0.79 per share, resulting in a yield of about 0.94% as of October 8 [4]