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Ex-Dividend Reminder: Sherwin-Williams, CVR Refining and CVR Energy

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 2/26/15, Sherwin-Williams Co. (NYSE: SHW), CVR Refining, LP (NYSE: CVRR), and CVR Energy Inc (NYSE: CVI) will all trade ex-dividend for their respective upcoming dividends. Sherwin-Williams Co. will pay its quarterly dividend of $0.67 on 3/13/15, CVR Refining, LP will pay its quarterly dividend of $0.37 on 3/9/15, and CVR Energy Inc will pay its quarterly dividend of $0.50 on 3/9/15.

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As a percentage of SHW's recent stock price of $288.74, this dividend works out to approximately 0.23%, so look for shares of Sherwin-Williams Co. to trade 0.23% lower — all else being equal — when SHW shares open for trading on 2/26/15. Similarly, investors should look for CVRR to open 1.96% lower in price and for CVI to open 1.19% lower, all else being equal.

Below are dividend history charts for SHW, CVRR, and CVI, showing historical dividends prior to the most recent ones declared.

Sherwin-Williams Co. (NYSE: SHW):

CVR Refining, LP (NYSE: CVRR):

CVR Energy Inc (NYSE: CVI):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.93% for Sherwin-Williams Co., 7.84% for CVR Refining, LP, and 4.76% for CVR Energy Inc.


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In Tuesday trading, Sherwin-Williams Co. shares are currently off about 0.3%, CVR Refining, LP shares are up about 0.3%, and CVR Energy Inc shares are up about 0.1% on the day.