Sherwin-Williams Declares Dividend of $0.60 per Common Share

Rhea-AI Summary

The Sherwin-Williams Company (NYSE: SHW) announced a quarterly dividend of $0.60 per share, a 9.1% increase from $0.55 in the same quarter last year. This dividend, reflecting 43 consecutive years of increases, will be paid on March 11, 2022, to shareholders on record as of February 28, 2022. This action reaffirms the company's commitment to returning value to shareholders amidst a competitive market.

Positive

• Quarterly dividend increased by 9.1% to $0.60 per share, enhancing shareholder value.
• Demonstrates strong commitment to continuous dividend growth over 43 consecutive years.

Negative

• None.

CLEVELAND, Feb. 16, 2022 /PRNewswire/ -- The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of $0.60 per common share, an increase of 9.1% over the $0.55 paid in the same quarter in 2021, payable on March 11, 2022, to shareholders of record on February 28, 2022. This increase follows 43 consecutive years of dividend increases.

Investor Relations Contacts:	Media Contact:
Jim Jaye	Julie Young
Senior Vice President, Investor Relations & Corporate Communications	Vice President, Global Corporate Communications
Sherwin-Williams	Sherwin-Williams
Direct:  216.515.8682	Direct:  216.515.8849
investor.relations@sherwin.com	corporatemedia@sherwin.com
Eric Swanson
Vice President, Investor Relations
Sherwin-Williams
Direct:  216.566.2766
investor.relations@sherwin.com

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SOURCE The Sherwin-Williams Company

FAQ

What is the dividend amount declared by Sherwin-Williams (SHW) for Q1 2022?

Sherwin-Williams declared a dividend of $0.60 per share for Q1 2022.

When will the dividend be paid to Sherwin-Williams shareholders?

The dividend will be paid on March 11, 2022.

What was the previous dividend amount before the increase for SHW?

The previous dividend was $0.55 per share.

How long has Sherwin-Williams been increasing its dividends?

Sherwin-Williams has increased its dividends for 43 consecutive years.