RPM Declares Quarterly Dividend
April 02 2021 - 9:00AM
Business Wire
RPM International Inc. (NYSE:
RPM) today announced that its board of directors has declared a
regular quarterly cash dividend of $0.38 per share, payable on
April 30, 2021 to stockholders of record as of April 15,
2021.
RPM's last cash
dividend increase of 5.6 percent in October 2020 marked its 47th 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 $2.6 billion in cash dividends to its stockholders.
At a share price of $95, RPM's dividend yield would be 1.6 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 14,600 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210402005007/en/
Russell L. Gordon, vice president and chief financial officer
330-273-5090 rgordon@rpminc.com
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