I Have High Hopes for This Top Dividend Stock to Become a Dividend King Before 2030
Over the past decade, Sherwin-Williams (NYSE: SHW) has coated investors' portfolios with outsize gains -- producing a total return of 419% compared to 243% for the S 500. In addition to its strong stock performance, the company has been growing its dividend at a breakneck pace.
Earlier this year, Sherwin-Williams announced an 18.2% dividend raise -- marking the 45th consecutive year of increasing its payout. That puts it on track to become a dividend King by 2029. Dividend Kings are S 500 companies that have paid and raised their dividends for at least 50 consecutive years.
Here's why Sherwin-Williams is an excellent blue chip dividend stock to buy now.
Source Fool.com
