MEDINA, Ohio--(BUSINESS WIRE)--Jan. 2, 2019--
RPM
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of $0.35 per
share, payable on January 31, 2019 to stockholders of record as of
January 16, 2019.
This action marks RPM’s 45th 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 $2.4 billion in
cash dividends to its stockholders. At a share price of $60.00, RPM's
dividend yield would be 2.3 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 Russell L. Gordon, vice president and
chief financial officer, at 330-273-5090 or rgordon@rpminc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190102005031/en/
Source: RPM International Inc.
Russell L. Gordon
Vice President and Chief Financial Officer
330-273-5090
rgordon@rpminc.com
