With a 51-year track record of consecutively increasing cash dividends, RPM joins only 41 of the thousands of publicly traded U.S. companies—less than half of one percent—that 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 $3.6 billion in cash dividends to its shareholders.
In an era of extremely low interest rates on savings account and other interest-bearing investment options, RPM’s dividend growth—coupled with an appreciating stock price—yield a total return that makes the company attractive to both institutional and individual investors.
Since initiating its focus on an annually growing dividend in 1973 to drive long-term value for shareholders, RPM has grown from $25 million in annual sales to more than $7.3 billion, while delivering $3.6 billion in after-tax capital through its cash dividend program.
