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Sherwin-Williams Declares Dividend of $0.605 per Common Share

The Sherwin-Williams Company (NYSE: SHW) declared a quarterly dividend of $0.605 per common share, scheduled for payment on June 2, 2023.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

The Sherwin-Williams Company (NYSE: SHW) declared a quarterly dividend of $0.605 per common share, scheduled for payment on June 2, 2023. Shareholders on record as of May 19, 2023 will receive this dividend. This announcement reflects Sherwin-Williams' ongoing commitment to returning value to its shareholders. The consistent dividend payments highlight the company's financial stability and confidence in sustaining cash flow.

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Positive

  • Quarterly dividend of $0.605 per share declared.
  • Dividend payment reinforces shareholder value.
  • Scheduled payment date enhances predictability for investors.

Negative

  • None.
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+1.53% session move Open Argus
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News Market Reaction – SHW

The recorded move for SHW in the trading session of this news was +1.53%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CLEVELAND, April 19, 2023 /PRNewswire/ -- The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of $0.605 per common share payable on June 2, 2023, to shareholders of record on May 19, 2023.

Investor Relations Contacts:

Jim Jaye
Senior Vice President, Investor Relations & Corporate Communications
Sherwin-Williams
Direct:  216.515.8682
investor.relations@sherwin.com

Eric Swanson
Vice President, Investor Relations
Sherwin-Williams
Direct:  216.566.2766
investor.relations@sherwin.com

Media Contact:

Julie Young
Vice President, Global Corporate Communications
Sherwin-Williams
Direct:  216.515.8849
corporatemedia@sherwin.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sherwin-williams-declares-dividend-of-0-605-per-common-share-301802206.html

SOURCE The Sherwin-Williams Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for SHW in June 2023?

The dividend amount for SHW in June 2023 is $0.605 per common share.

When is the dividend payment for SHW scheduled?

The dividend payment for SHW is scheduled for June 2, 2023.

What is the record date for the SHW dividend?

The record date for the SHW dividend is May 19, 2023.

How often does Sherwin-Williams pay dividends?

Sherwin-Williams pays dividends quarterly.

Is the SHW dividend sustainable?

The consistent dividend payments indicate confidence in the sustainability of SHW's cash flow.

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