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Sherwin-Williams (SHW) Dividend Capture: 0.22% per event (1.0% annualized)

Updated May 6, 202620 eventshigh

Sherwin-Williams (SHW) has touched its pre-ex close within 30 trading days in 90% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.11), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, SHW sits roughly in line with the Basic Materials sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.

Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next confirmed ex-dividend date is May 22, 2026, with an expected dividend of $0.80.

Touch rate (30d)
90%-5pp vs sector
Median days-to-touch
1din line with sector
Signal-to-noise
0.11-0.09 vs sector

Recovery engine

TL;DR over the most recent 20 events.

30-day touch rate
90%
-5pp vs sector
Median days-to-touch
1d
in line with sector
Signal-to-noise (div / ATR)
0.11
-0.09 vs sector
Avg gap on ex-date
-0.41%
in line with sector
Win rate at MOC exit
55%
Median drawdown during hold
-3.43%
+1.21pp vs sector
Best / worst touch (days)
1 / 6

Next ex-dividend

Confirmed by company declaration.

in 15 days
Dividend
$0.80
Per-event yield
0.22%
Annualized yield
1.02%
Previously paid
Mar 2, 2026 ($0.80)
Last record date
Mar 2, 2026
Last payment date
Mar 13, 2026

How SHW ranks in Basic Materials

Compared with other stocks in this sector that pass our capture-quality filter (28 tickers). Lower rank number is better on every metric below.

Full sector ranking
  • 30-day touch rate
    #17of 28

    Beats ~39% of peers on this metric

  • Median days to touch
    #1of 28

    Beats ~96% of peers on this metric

  • Signal-to-noise
    #24of 28

    Beats ~14% of peers on this metric

SHW Dividend Capture History — Last 20 Ex-Dividend Events

Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Sherwin-Williams (SHW). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • Q1

    Dividend
    $0.80
    Gap %
    -1.95%
    Pre-ex close
    $362.59
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -12.45%
    P&L 5d %
    -7.83%
  • Q4

    Dividend
    $0.79
    Gap %
    -0.49%
    Pre-ex close
    $338.84
    High touch (td)
    6
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -6.09%
    P&L 5d %
    -0.29%
  • Q3

    Dividend
    $0.79
    Gap %
    0.08%
    Pre-ex close
    $365.57
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.00%
    P&L 5d %
    +2.23%
  • Q2

    Dividend
    $0.79
    Gap %
    -0.26%
    Pre-ex close
    $361.45
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.70%
    P&L 5d %
    -2.25%
  • Q1

    Dividend
    $0.79
    Gap %
    0.55%
    Pre-ex close
    $362.27
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -6.37%
    P&L 5d %
    -1.02%
  • Q4

    Dividend
    $0.71
    Gap %
    -0.71%
    Pre-ex close
    $388.46
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.43%
    P&L 5d %
    +0.14%
  • Q3

    Dividend
    $0.71
    Gap %
    -0.16%
    Pre-ex close
    $356.47
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.33%
    P&L 5d %
    +0.83%
  • Q2

    Dividend
    $0.71
    Gap %
    -0.13%
    Pre-ex close
    $316.37
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -6.51%
    P&L 5d %
    -3.97%
  • Q1

    Dividend
    $0.71
    Gap %
    0.04%
    Pre-ex close
    $320.62
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.26%
    P&L 5d %
    +4.78%
  • Q4

    Dividend
    $0.60
    Gap %
    -0.09%
    Pre-ex close
    $264.79
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.09%
    P&L 5d %
    +4.40%
  • Q3

    Dividend
    $0.60
    Gap %
    -0.05%
    Pre-ex close
    $273.07
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.20%
    P&L 5d %
    -1.18%
  • Q2

    Dividend
    $0.60
    Gap %
    -0.28%
    Pre-ex close
    $227.63
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.91%
    P&L 5d %
    -0.23%
  • Q1

    Dividend
    $0.60
    Gap %
    -1.82%
    Pre-ex close
    $223.05
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.05%
    P&L 5d %
    +2.64%
  • Q4

    Dividend
    $0.60
    Gap %
    -1.11%
    Pre-ex close
    $240.81
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.80%
    P&L 5d %
    +3.87%
  • Q3

    Dividend
    $0.60
    Gap %
    -0.26%
    Pre-ex close
    $251.47
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -7.89%
    P&L 5d %
    -2.52%
  • Q2

    Dividend
    $0.60
    Gap %
    -0.74%
    Pre-ex close
    $259.66
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.65%
    P&L 5d %
    +4.97%
  • Q1

    Dividend
    $0.60
    Gap %
    0.24%
    Pre-ex close
    $258.94
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -8.92%
    P&L 5d %
    +0.06%
  • Q4

    Dividend
    $0.55
    Gap %
    0.07%
    Pre-ex close
    $333.16
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.05%
    P&L 5d %
    -2.79%
  • Q3

    Dividend
    $0.55
    Gap %
    -0.79%
    Pre-ex close
    $301.11
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.05%
    P&L 5d %
    +0.57%
  • Q2

    Dividend
    $0.55
    Gap %
    -0.32%
    Pre-ex close
    $281.27
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.12%
    P&L 5d %
    +1.80%

SHW Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 85% (17 events)
  • ≤ 1 day
    1575%
  • 2–3 days
    210%
  • 4–5 days
    00%
  • 6–10 days
    15%
  • 11–30 days
    00%
  • 30+
    210%

75% within 1d · 85% within 5d · 90% within 30d

SHW Dividend Capture Calculator — After-Tax Yield

Pre-filled with SHW's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.

Slippage preset

Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.

Display
Gross dividend
$160.00
After-tax dividend
$104.00
Slippage round-trip
-$72.52

Net if price returns to pre-ex
+$31.48
Required recovery to break even
0.00%

Per-event after-tax yield
+0.04%
Annual if all succeed
~2.2%
Scenariosbase rate 90%
Best (limit fills)+$31.48
Average (base rate)+$15.48
Worst (no recovery)$128.52

Open in full calculator →

SHW Dividend Capture Backtest Simulator

Replay every historical SHW ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.

Limit window:Quarter:

Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).

Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).

Avg P&L per trade(20 events)-0.42%
Win rate (20 trades)
85%
Cumulative P&L
i
-8.35%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
+31.33%Span: May 20, 2021 → Mar 2, 2026 · long-horizon total return vs repeating capture cycles
Best event
+0.27%
Worst event
-7.83%

Cumulative P&L (equity curve)

Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.

+2.7%+0.0%-8.4%May 20, 2021 · cumulative +0.20% (sum of returns through this event)Aug 19, 2021 · cumulative +0.38% (sum of returns through this event)Nov 18, 2021 · cumulative +0.54% (sum of returns through this event)Feb 25, 2022 · cumulative +0.77% (sum of returns through this event)May 19, 2022 · cumulative +1.01% (sum of returns through this event)Aug 18, 2022 · cumulative +1.24% (sum of returns through this event)Nov 17, 2022 · cumulative +1.49% (sum of returns through this event)Feb 24, 2023 · cumulative +1.77% (sum of returns through this event)May 18, 2023 · cumulative +2.03% (sum of returns through this event)Aug 17, 2023 · cumulative +2.25% (sum of returns through this event)Nov 16, 2023 · cumulative +2.48% (sum of returns through this event)Feb 23, 2024 · cumulative +2.70% (sum of returns through this event)May 16, 2024 · cumulative -1.27% (sum of returns through this event)Aug 16, 2024 · cumulative -1.07% (sum of returns through this event)Nov 15, 2024 · cumulative -0.88% (sum of returns through this event)Mar 3, 2025 · cumulative -0.67% (sum of returns through this event)May 16, 2025 · cumulative -0.45% (sum of returns through this event)Aug 15, 2025 · cumulative -0.23% (sum of returns through this event)Nov 14, 2025 · cumulative -0.52% (sum of returns through this event)Mar 2, 2026 · cumulative -8.35% (sum of returns through this event)
May 20, 2021Mar 2, 2026

Per-event P&L distribution

20 trades in this sample · bar height ∝ count in each bucket (gross % per event).

2
<-3%
 
-3..-1%
1
-1..0%
 
0%
17
0..1%
 
1..3%
 
>3%

Scenario P&L by event · SHW (20)

Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.

Ex-dateP&L
+0.20%
+0.18%
+0.17%
+0.23%
+0.23%
+0.24%
+0.25%
+0.27%
+0.27%
+0.22%
+0.23%
+0.22%
-3.97%
+0.20%
+0.18%
+0.22%
+0.22%
+0.22%
-0.29%
-7.83%

Looking for full price seasonality? See SHW seasonality →

Frequently asked questions

What is the dividend capture success rate for SHW?

Across the last 20 ex-dividend events for Sherwin-Williams (SHW), the post-ex intraday high reached the pre-ex close within 30 trading days in 90% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.

How long does it take SHW to recover its dividend gap?

Historically, SHW touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 6 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.

Is the dividend on SHW large enough to capture?

SHW has a signal-to-noise ratio of 0.11 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.

When is the next ex-dividend date for SHW?

The next ex-dividend date for Sherwin-Williams (SHW) is May 22, 2026, confirmed (declared by the company).

How does SHW compare to its sector for dividend capture?

Within Basic Materials, the median 30-day pre-ex touch rate is 95%. SHW sits at 90% — at or below the sector benchmark.

Why does SHW dividend capture measure recovery via intraday high, not close?

A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".

How are dividend capture trades taxed in the US?

Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.

What are the main risks of a dividend capture strategy?

Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.