13 Best Materials Dividend Stocks to Buy Right Now

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

Number of Hedge Fund Holders: 68

The Sherwin-Williams Company (NYSE:SHW) runs one of the largest networks of company-owned specialty paint stores in North America. Its offerings include architectural paints, industrial coatings, and specialty resins. In recent years, the company has focused on several key strategies, such as broadening its distribution network, investing in new product development, managing raw material and logistics expenses, strengthening its workforce, and ensuring adherence to environmental regulations.

The Sherwin-Williams Company (NYSE:SHW) recently reported earnings for the second quarter of 2025. The company posted revenue of $6.3 billion, up 1% from the same period last year. The revenue also beat analysts’ estimates by $20.33 million. Management noted that consolidated sales fell within the expected range, while the company achieved gross margin expansion for the twelfth straight quarter. However, due to weaker demand during the period— a trend that is likely to persist or even worsen in the latter half of the year— the company significantly ramped up its restructuring efforts. These actions led to pre-tax expenses totaling $59 million.

The Sherwin-Williams Company (NYSE:SHW) has been rewarding investors with growing dividends for the past 46 years, which makes it one of the best dividend stocks from the materials sector. The company offers a quarterly dividend of $0.79 per share and has a dividend yield of 0.95%, as of July 29.