Sherwin-Williams dividend history
Sherwin-Williams's dividend was $3.16 a share in fiscal 2025, up 10.5% on the year before. That was 30.7% of net income. It has raised its dividend per share every year since fiscal 2009, as far back as our figures go.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $2.5B
- Dividends (TTM)
- $785M
- Returned to shareholders
- 106%
- of free cash flow
- Buybacks, last 3 fiscal years
- $4.8B
- Diluted share count
- −1.9%
- year over year
- Total shareholder yield
- 3.8%
- dividends 0.9% + buybacks 2.9% of market value
- Dividend payout ratio
- 29%
- of net income paid out
- Sales & admin spending
- 32.4%
- of revenue
- Days sales outstanding
- 53 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | $0.473 | $0.480 | $0.487 | $0.520 | $0.667 | $0.733 | $0.893 | $1.12 | $1.13 | $1.15 | $1.51 | $1.79 | $2.20 | $2.40 | $2.42 | $2.86 | $3.16 | — |
| Dividend per share growth | — | +1.4% | +1.4% | +6.8% | +28.2% | +10.0% | +21.8% | +25.4% | +1.2% | +1.2% | +31.4% | +18.6% | +23.1% | +9.1% | +0.8% | +18.2% | +10.5% | — |
| Dividends paid | 163 | 156 | 154 | 161 | 205 | 215 | 250 | 312 | 319 | 323 | 421 | 488 | 587 | 619 | 624 | 723 | 790 | 785 |
| Share buybacks | 530 | 376 | 367 | 558 | 769 | 1,489 | 1,035 | 0 | — | 613 | 779 | 2,446 | 2,752 | 883 | 1,432 | 1,739 | 1,656 | 2,475 |
| Dividends ÷ net income | 37.3% | 33.8% | 34.7% | 25.5% | 27.2% | 24.9% | 23.7% | 27.6% | 18.5% | 29.1% | 27.3% | 24.0% | 31.5% | 30.6% | 26.1% | 27.0% | 30.7% | 29.3% |
| Dividends ÷ free cash flow | 21.2% | 26.9% | 26.4% | 22.0% | 22.4% | 24.4% | 20.6% | 29.2% | 19.2% | 19.1% | 21.1% | 15.7% | 31.4% | 48.5% | 23.7% | 34.7% | 29.8% | 25.5% |
Recent dividend announcements
- Sherwin-Williams Declares Dividend of $0.80 per Common Share Source
Compare with peers
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Head to head: LYB vs SHWECL vs SHWPPG vs SHW
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