Welcome to our dedicated page for Rpm news (Ticker: RPM), a resource for investors and traders seeking the latest updates and insights on Rpm stock.
RPM International Inc. (NYSE: RPM) generates a steady flow of news that is highly relevant to investors, analysts and industry observers interested in specialty coatings, sealants and building materials. The company’s announcements frequently highlight record sales, segment performance and outlook updates across its consumer, construction products and performance coatings segments.
Recent earnings releases have detailed record quarterly and full-year results, including information on net sales, EBIT, adjusted EBIT and adjusted diluted EPS. These reports also discuss the impact of acquisitions, systems and turnkey solutions for high-performance buildings, and the contribution of MAP 2025 operational improvement initiatives. Geographic commentary often covers growth in Europe, North America and emerging markets, particularly in infrastructure and high-performance building projects.
RPM’s news flow also includes dividend declarations and increases, underscoring its multi-decade history of annual dividend growth. Press releases describe how this track record places RPM in a small group of U.S. public companies with more than 50 consecutive years of dividend increases.
Another key theme in RPM news is mergers and acquisitions. The company reports on strategic transactions such as Tremco Construction Products Group’s agreement to acquire Kalzip GmbH, a global leader in metal-based roofs and facades for building envelopes. These updates explain how acquisitions expand RPM’s building envelope portfolio and international reach.
In addition, RPM issues releases on leadership changes and organizational structure, including transitions to a three-segment reporting model and new executive appointments. For anyone following RPM stock, this news page offers a centralized view of financial results, strategic moves, corporate governance updates and dividend actions. Bookmark this feed to monitor how RPM’s operational performance, acquisitions and capital allocation decisions evolve over time.
RPM International reported robust fiscal 2021 results, with net sales at $6.1 billion, up 10.9%. Net income surged 65% to $502.6 million, while cash flow climbed 40% to a record $766.2 million. Fourth-quarter net sales reached $1.74 billion, marking a 19.6% increase, and diluted EPS rose 42.9% to $1.20. The company concluded its MAP to Growth initiative, yielding $320 million in annualized cost savings. Despite facing inflationary pressures and supply chain constraints, RPM anticipates continued growth across most segments, particularly Construction Products and Performance Coatings.
RPM International has declared a quarterly cash dividend of $0.38 per share, payable on July 30, 2021, to stockholders of record as of July 15, 2021. This marks the 47th consecutive year of dividend increases, with the last increase being 5.6% in October 2020. RPM has returned approximately $2.6 billion in cash dividends to stockholders during this period. Currently, RPM's dividend yield at a share price of $90 stands at 1.69%.
RPM International Inc. (NYSE: RPM) will release its fiscal 2021 fourth quarter and year financial results on July 26, 2021, before market opens. Results will be available via newswire and on the company's website, www.RPMinc.com. A conference call is scheduled at 10:00 a.m. EDT to discuss the results, accessible via webcast or phone, with replay available post-call. RPM operates in specialty coatings and building materials across four segments, employing around 14,600 individuals globally.
RPM International Inc. has appointed American Stock Transfer & Trust Company, LLC as its new stock transfer agent and registrar effective immediately. This change does not require any action from stockholders at this time. RPM operates through four main segments including consumer and construction products, and holds a diverse portfolio of well-known brands such as Rust-Oleum and DAP, employing approximately 14,600 people globally. The transition aims to enhance service quality for RPM's common stock shareholders.
RPM International Inc. (NYSE: RPM) announced the acquisition of Dudick Inc., a manufacturer of high-performance coatings and linings, for undisclosed terms. Dudick, based in Ohio, has annual net sales of approximately $10 million. This acquisition will enhance Carboline, a subsidiary of RPM, by strengthening its presence in the secondary containment linings market. RPM aims to leverage Dudick's established reputation to expand sales opportunities globally. The deal aligns with RPM's strategy to bolster its Performance Coatings Group.
RPM International Inc. (NYSE: RPM) has returned to the Fortune 500 list, ranking 489 with approximately $5.5 billion in revenue for fiscal year ending May 31, 2020. CEO Frank C. Sullivan attributes this achievement to the dedication of its 15,000 employees and a surge in DIY projects during the COVID-19 pandemic. RPM anticipates growth in its industrial sector, which constitutes 65% of its revenue, fueled by vaccine distribution and infrastructure developments. The company emphasizes its strategic MAP to Growth program as a key driver for future success.
RPM International Inc. (NYSE: RPM) has announced that Russell L. Gordon, the company's vice president and chief financial officer, will present at the Wells Fargo Virtual Industrial Conference on May 6, 2021, at 2:40 p.m. EDT. The presentation will cover RPM's growth strategy, financial performance, and their notable achievement of 47 consecutive years of dividend increases. A live webcast will be available on RPM's website, and a replay will be accessible within three hours of the presentation, remaining available for 90 days.
RPM International, a leader in specialty coatings, reported fiscal Q3 2021 results with net sales of $1.27 billion, up 8.1% year-over-year. Net income surged 222.6% to $38.2 million with diluted EPS of $0.29. EBIT rose 48.2% to $65.4 million. Despite challenges from winter storm Uri impacting operations, three of four segments saw significant sales growth. The company expects continued inflationary pressures but anticipates double-digit sales growth in Q4. Year-to-date, cash flow improved by $270.7 million, signaling strong operational performance.
RPM International Inc. (NYSE: RPM) declared a quarterly cash dividend of $0.38 per share, payable on April 30, 2021, to shareholders of record as of April 15, 2021. This marks the 47th consecutive year of dividend increases, showcasing RPM's stability, with a 5.6% increase last reported in October 2020. Over this period, the company returned approximately $2.6 billion in cash dividends. At a current share price of $95, RPM's dividend yield stands at 1.6%.
RPM International Inc. (NYSE: RPM) announced the acquisition of Bison Innovative Products, a leading manufacturer of raised flooring systems with annual net sales of approximately $26 million. The deal is expected to be accretive to earnings within a year. Bison's adjustable polypropylene pedestals support various architectural finishes and are used in multiple applications, including rooftop decks and terraces. Frank C. Sullivan, RPM’s CEO, highlighted the unique product line and growth potential, aiming to enhance distribution and market penetration.