Sherwin-Williams Keeps Dividend Steady
Paint manufacturer Sherwin-Williams announced today its third-quarter dividend of $0.50 per share, the same rate it's paid for the past three quarters after raising the payout 28% from $0.39 per share.
The board of directors said the quarterly dividend is payable on Dec. 6 to the holders of record at the close of business on Nov. 15. The regular dividend payment equates to a $2.00-per-share annual dividend, yielding 1.1% based on the closing price today of Sherwin-Williams' stock.
The article Sherwin-Williams Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Sherwin-Williams. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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