Sherwin-Williams raises dividend for 38th consecutive year

The Sherwin-Williams Company (SHW) will raise its dividend by 25.4%.

The quarterly dividend will be raised to $0.84 per share by Dividend Aristocrat Sherwin-Williams, marking 38 years of consecutive dividend increases.

In 2015 the paint maker hiked it's dividend by 22%.

The indicated dividend yield for The Sherwin-Williams Company is 1.3% based on Wednesday's close of $259.15.

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