RPM Declares Quarterly Dividend
April 02 2020 - 9:00AM
Business Wire
RPM International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of $0.36
per share, payable on April 30, 2020 to stockholders of record as
of April 16, 2020.
RPM's last cash dividend
increase of 2.9 percent in October 2019 marked its 46th 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 publicly traded U.S. companies. Only 41 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. During this timeframe, the company
has returned approximately $2.5 billion in cash dividends to its
stockholders. At a share price of $60.00, RPM's
dividend yield would
be 2.4 percent.
About RPM
RPM International Inc. owns subsidiaries that are world leaders
in specialty coatings, sealants, building materials and related
services. The company operates across four reportable segments:
consumer, construction products, performance coatings and specialty
products. RPM has a diverse portfolio with hundreds of
market-leading brands, including Rust-Oleum, DAP, Zinsser,
Varathane, Day-Glo, Legend Brands, Stonhard, Carboline, Tremco and
Dryvit. From homes and workplaces, to infrastructure and precious
landmarks, RPM’s brands are trusted by consumers and professionals
alike to help build a better world. The company employs
approximately 15,000 individuals worldwide. Visit www.RPMinc.com to
learn more.
For more information, contact Russell L. Gordon, vice president
and chief financial officer, at 330-273-5090 or
rgordon@rpminc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200402005016/en/
Russell L. Gordon 330-273-5090 rgordon@rpminc.com
RPM (NYSE:RPM)
Historical Stock Chart
From Mar 2024 to Apr 2024
RPM (NYSE:RPM)
Historical Stock Chart
From Apr 2023 to Apr 2024