RPM's annual meeting of shareholders is typically held the first week in October.

2024 Virtual Annual Meeting Details:

The most recent annual meeting was held on October 3, 2024. At the meeting, two key announcements were made:

Dividend Boosted for 51^st Consecutive Year

RPM’s board of directors increased the cash dividend for the 51^st consecutive year, boosting the quarterly payment 10.9% to $0.51 per share. 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. Increasing the dividend, combined with an appreciating stock price, is key to RPM’s ability to consistently deliver long-term value and outperform the cumulative total return of the broader market.

Three Directors Re-Elected

At the annual meeting of stockholders, proposal one was approved, and as a result, the classification of the Board of Directors will be phased out over the next three annual meetings. Additionally, three directors were re-elected to serve one-year terms expiring at the annual meeting of stockholders in 2025. They included Bruce A. Carbonari, retired Chairman and Chief Executive Officer, Fortune Brands, Inc.; Jennifer D. Deckard, Chief Finance & Administrative Officer, The Sisters of Notre Dame of the United States and Salvatore D. Fazzolari former Chairman, President & Chief Executive Officer, Harsco Corporation. As previously announced, John M. Ballbach did not stand for reelection to the board of directors and Kirkland B. Andrews is expected to step down from the board of directors in January 2025.

Following the formal portion of the meeting, RPM Chairman and CEO Frank Sullivan provided an update on the state of the company and answered shareholders’ questions.

The meeting replay can be accessed at http://www.virtualshareholdermeeting.com/RPM2024.