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RPM International Inc. (RPM) declares a quarterly dividend of $0.46 per share, marking its 50th consecutive year of increased cash dividends. The company has paid out $3.4 billion in dividends, placing it among the top U.S. companies for dividend consistency.
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MEDINA, Ohio--(BUSINESS WIRE)--
RPM International Inc. (NYSE: RPM) today announced that its board of directors declared a regular quarterly cash dividend of $0.46 per share, payable on April 30, 2024, to stockholders of record as of April 19, 2024.
RPM’s last cash dividend increase of 10% in October 2023 marked RPM’s 50th 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 $3.4 billion in cash dividends to its stockholders.
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 17,300 individuals worldwide. Visit www.RPMinc.com to learn more.
For more information, contact Matt Schlarb, Senior Director – Investor Relations, at 330-220-6064 or mschlarb@rpminc.com.
Matt Schlarb
Senior Director – Investor Relations
330-220-6064
mschlarb@rpminc.com
Source: RPM International Inc.
FAQ
What is RPM International Inc.'s (RPM) latest quarterly dividend amount?
RPM International Inc. (RPM) has declared a regular quarterly cash dividend of $0.46 per share.
When is the next dividend payment date for RPM International Inc. (RPM) shareholders?
The next dividend payment date for RPM International Inc. (RPM) shareholders is April 30, 2024.
How much has RPM International Inc. (RPM) returned in cash dividends to its stockholders?
RPM International Inc. (RPM) has returned approximately $3.4 billion in cash dividends to its stockholders.
What milestone did RPM International Inc. (RPM) achieve in October 2023?
In October 2023, RPM International Inc. (RPM) marked its 50th consecutive year of increased cash dividends paid to its stockholders.
How does RPM International Inc. (RPM) rank among publicly traded U.S. companies in terms of dividend consistency?
RPM International Inc. (RPM) is among the top U.S. companies with less than half of 1 percent that have consecutively paid increasing annual dividends for an extended period.
rpm international inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services for both industrial and consumer markets. rpm's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. industrial companies include stonhard, tremco, illbruck, carboline, flowcrete, day-glo, dryvit and euclid chemical. 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 employs approximately 13,000 people worldwide and operates 116 manufacturing facilities in 26 countries. its products are sold in approximately 170 countries and territories. fiscal 2015 sales were $4.6 billion, with 65 percent to industry worldwide and the remaining 35 percent to consumers mainly in north america.
