Sherwin-Williams (SHW) Declares $0.365 Quarterly Dividend; 1.9% Yield; Authorizes Additional 20M Buyback

October 20, 2011 9:01 AM EDT
Sherwin-Williams Co. (NYSE: SHW) declared a quarterly dividend of $0.365 per share, or $1.46 annualized.

The dividend will be payable on December 2, 2011, to stockholders of record on November 18, 2011, with an ex-dividend date of November 16, 2011.

The annual yield on the dividend is 1.9 percent.

In addition, the Board of Directors authorized the Company to purchase an additional 20 million shares of the Company's common stock for treasury. The purchases will be made from time to time for general corporate purposes.


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