RPM Declares Quarterly Dividend
April 04 2017 - 9:00AM
Business Wire
RPM International Inc. (NYSE: RPM) today announced that
its board of directors has declared a regular quarterly cash
dividend of $0.30 per share, payable on April 28, 2017 to
stockholders of record as of April 14, 2017.
RPM's last cash dividend increase of 9.1 percent in
October 2016 marked its 43rd consecutive year of increased cash
dividends paid to its stockholders, which places RPM in an elite
category of less than half of 1 percent of all 19,000
publicly-traded U.S. companies. Only 44 other companies, besides
RPM, have consecutively paid an increasing annual dividend for this
period of time or longer, according to the Mergent Handbook of
Dividend Achievers. At a share price of $55.00, RPM's dividend
yield would be 2.2 percent.
About RPM
RPM International Inc. owns subsidiaries that are world leaders
in specialty coatings, sealants, building materials and related
services across three segments. RPM’s industrial products include
roofing systems, sealants, corrosion control coatings, flooring
coatings and other construction chemicals. Industrial companies
include Stonhard, Tremco, illbruck,
Carboline, Flowcrete, Euclid Chemical and
RPM Belgium Vandex. RPM's consumer products are used by
professionals and do-it-yourselfers for home maintenance and
improvement and by hobbyists. Consumer brands include
Rust-Oleum, DAP, Zinsser, Varathane and
Testors. RPM’s specialty products include industrial
cleaners, colorants, exterior finishes, specialty OEM coatings,
edible coatings, restoration services equipment and specialty
glazes for the pharmaceutical and food industries. Specialty
segment companies include Day-Glo, Dryvit, RPM
Wood Finishes, Mantrose-Haeuser, Legend Brands,
Kop-Coat and TCI. Additional details can be found at
www.RPMinc.com and by following RPM on Twitter at
www.twitter.com/RPMintl.
For more information, contact Barry M. Slifstein, vice president
– investor relations, at 330-273-5090 or
bslifstein@rpminc.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170404005176/en/
RPM International Inc.Barry M. Slifstein, vice president –
investor relations, 330-273-5090bslifstein@rpminc.com
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