Sherwin-Williams (SHW) will raise its quarterly dividend by 10.0 percent to $0.55 per share in the first quarter of 2014. This follows a 28.2 percent dividend increase by the Dividend Aristocrat in the previous year.

The Sherwin-Williams Company is engaged in the manufacture, distribution and sale of coatings and related products. The company manufactures products under brands such as SherwinWilliams, Valspar, Dutch Boy, HGTV HOME by Sherwin-Williams, Krylon, Minwax, Cabot, Thompson’s and Water Seal. SHW sells its products through its company-operated stores and facilities and mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers and industrial distributors. The company's segments are The Americas Group, The Consumer Brands Group and The Performance Coatings Group. The Sherwin-Williams Company was founded by Henry Sherwin and Edward Williams in 1866 and has annually increased dividends since 1979.