Is The Sherwin-Williams Company (SHW) a Reliable Pick in the List of NYSE Dividend Stocks?

The Sherwin-Williams Company (NYSE:SHW) is included among the 10 Best NYSE Dividend Stocks to Buy.

The Sherwin-Williams Company (NYSE:SHW) is an Ohio-based paints and coatings company. It has a long history that goes well beyond its reputation as a top dividend payer. From modest beginnings, it has grown into a leading name in the paints and coatings industry, serving areas such as automotive and marine applications, industrial wood coatings, and more. The company supports its operations with a network of over 5,400 stores and branches, along with more than 140 manufacturing and distribution sites.

What makes The Sherwin-Williams Company (NYSE:SHW) attractive as an income stock is the reliability of its dividend. Over the past ten years, it has maintained a conservative payout ratio of 26.6%, while also generating strong free cash flow that easily covers its dividend distributions.

The Sherwin-Williams Company (NYSE:SHW) is among the best dividend stocks as the company has increased its payouts for 46 years in a row. The company’s quarterly dividend comes in at $0.79 per share and has a dividend yield of 0.91%, as recorded on September 20.

While we acknowledge the potential of SHW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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