5 Best Performing Dividend Stocks To Invest In Now

2. The Sherwin-Williams Company (NYSE:SHW)

12-Month Returns as of February 26: 46.3%

The Sherwin-Williams Company (NYSE:SHW) is a global leader in the manufacturing, distribution, and sale of paints, coatings, and related products. The company hiked its quarterly dividend by 18.2% on February 14, which made its quarterly dividend $0.715 per share. Through this increase, the company stretched its dividend growth streak to 45 years. The stock’s dividend yield came in at 0.88%, as of February 26.

At the end of December 2023, 72 hedge funds tracked by Insider Monkey reported having stakes in The Sherwin-Williams Company (NYSE:SHW), up from 71 in the previous quarter. The overall value of these stakes is over $3.62 billion. Among these hedge funds, D E Shaw was the company’s leading stakeholder in Q4.

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