RPM Declares Quarterly Dividend
January 03 2018 - 9:00AM
Business Wire
RPM International Inc. (NYSE: RPM) today announced that its
board of directors has declared a regular quarterly cash dividend
of $0.32 per share, payable on January 31, 2018 to stockholders of
record as of January 17, 2018.
RPM's last cash dividend increase of 6.7 percent in October 2017
marked its 44th 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 paid approximately $2.2 billion in
cash dividends to its stockholders. At a share price of $53.00,
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 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/20180103005053/en/
RPM International Inc.Barry M. Slifstein, 330-273-5090vice
president – investor relationsbslifstein@rpminc.com.
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