MEDINA, Ohio--(BUSINESS WIRE)--Apr. 4, 2018--
RPM
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of $0.32 per
share, payable on April 30, 2018 to stockholders of record as of April
17, 2018.
RPM's last cash dividend increase of 6.7 percent in October 2017 marked
its 44th 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 paid approximately $2.2 billion in cash dividends to its
stockholders. At a share price of $48.00, RPM's
dividend yield would be 2.7 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 Barry M. Slifstein, vice president –
investor relations, at 330-273-5090 or bslifstein@rpminc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180404005206/en/
Source: RPM International Inc.
RPM International Inc.
Barry M. Slifstein, 330-273-5090
Vice
President – Investor Relations
bslifstein@rpminc.com
