Sherwin-Williams Declares Dividend of $1.34 per Common Share
Rhea-AI Summary
The Sherwin-Williams Company (NYSE: SHW) announced a regular quarterly dividend of $1.34 per common share, payable on September 11, 2020. Shareholders of record as of August 21, 2020 will receive this distribution. This move reflects the company's ongoing commitment to return value to its shareholders despite the economic challenges posed by the pandemic.
Positive
- Quarterly dividend of $1.34 demonstrates commitment to shareholder returns.
- Dividend payment scheduled during challenging economic times indicates financial stability.
Negative
- None.
News Market Reaction – SHW
In the trading session that priced this news, SHW gained 2.04%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLEVELAND, July 22, 2020 /PRNewswire/ -- The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of
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Investor Relations Contacts:
Jim Jaye
Senior Vice President, Investor Relations & Corporate Communications
Sherwin-Williams
Direct: 216.515.8682
james.r.jaye@sherwin.com
Eric Swanson
Vice President, Investor Relations
Sherwin-Williams
Direct: 216.566.2766
eric.r.swanson@sherwin.com
Media Contact:
Julie Young
Vice President, Global Corporate Communications
Sherwin-Williams
Direct: 216.515.8849
corporatemedia@sherwin.com
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SOURCE The Sherwin-Williams Company