RPM Declares Quarterly Dividend
July 05 2022 - 9:00AM
Business Wire
RPM International Inc. (NYSE: RPM) today announced that its
board of directors has declared a regular quarterly cash dividend
of $0.40 per share, payable on July 29, 2022, to stockholders of
record as of July 15, 2022.
RPM's last cash dividend increase of 5.3 percent in October 2021
marked its 48th 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 U.S. companies, besides RPM, have consecutively paid an
increasing annual dividend for a longer period of time, according
to Dividend Radar. During this timeframe, the company has returned
approximately $2.8 billion in cash dividends to its stockholders.
At a share price of $80.00, RPM's dividend yield would be 2.0
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 of market-leading brands,
including Rust-Oleum, DAP, Zinsser, Varathane, DayGlo, 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 16,800 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/20220705005091/en/
Russell L. Gordon, vice president and chief financial officer
330-273-5090 or rgordon@rpminc.com
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