FAQ
FREQUENTLY ASKED QUESTIONS

RPM's most recent consolidated financial results can be found in the company's earnings news release, as well as in its 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission.

RPM's most recent segment financial results can be found in the company's earnings news release, as well as in its 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission.

RPM’s operating improvement plan, known as the “MAP to Growth,” includes initiatives to drive greater efficiency in order to accelerate growth and increase value from the unique entrepreneurial culture and leading brands that have been the foundation of RPM’s success for decades. Highlights of the plan include:

  • Realignment of the company’s three segments, comprised of six business groups, into four reportable segments: Performance Coatings, Construction Products, Consumer and Specialty Products. These newly aligned groups are led by four proven operating presidents. Reorganizing into these four groups is enabling RPM to better manage its assets and improve synergies across the enterprise.
  • Targeting $290 million in annualized cost savings through consolidation and, where appropriate, centralization of key shared service functions, including manufacturing operations, supply chain and procurement, information technology, and finance and administration.
  • Maintaining the company’s entrepreneurial growth culture by keeping key customer-focused functions that make RPM unique – such as technical support, sales, marketing, and R&D – at the business level.
  • Disciplined and value-creating “protect the house” approach to capital allocation, designed to maintain an investment-grade profile while allowing for further investment in growth, strategic M&A spending, and return of capital to shareholders.

RPM continues to be more efficient in utilizing manufacturing assets to generate cost savings opportunities. The benefits of its center-led procurement initiatives are becoming even more evident in the current inflationary raw material environment. The company is on track to achieve the program’s targeted run rate of $290 million in annualized savings by the conclusion of its current fiscal year, which ends May 31, 2021.

During the fiscal 2021 third quarter, the company announced the closure of two plants, which brings its total to 27 out of the 31 plants that were originally targeted for closure at the beginning of the MAP to Growth program. The program’s learnings of continuous improvement and efficiency have now become ingrained in RPM’s culture, and the company will continue to add to its robust pipeline of cost saving initiatives and operational improvements. RPM also continues to consolidate its IT systems and accounting and finance operations.

As RPM sustains the efficiency gains achieved through MAP to Growth, the company is now shifting more focus and resources toward top-line growth through internal investments and acquisitions. The goal is to return to the exceptional revenue growth rates that have been one of RPM’s hallmarks since its founding in 1947.

RPM's most recent financial results can be found in the company's earnings news release, as well as in its 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission.

RPM's most recent business outlook can be found in the company's earnings news release, as well as in its 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission.

Yes. RPM continues to be active in pursuing acquisitions of free-standing entrepreneurial companies and product lines that complement its portfolio of specialty coatings, sealants and construction chemicals businesses. Over the last 30 years, RPM has completed approximately 175 acquisitions, with nearly 70 of these transactions being completed during the last decade.

RPM’s most recent acquisitions were announced in March 2021. On March 1, 2021, its Modern Recreational Technologies business acquired Tuff Coat, the world’s #1 rubberized non-skid coating used for aquatic applications, which is a strategic fit with RPM’s recreational marine products. On March 29, 2021, its Fibergrate business acquired Bison Innovative Products, a leading manufacturer of raised flooring systems.

 

RPM has increased the cash dividend paid to its stockholders for 47 consecutive years, placing it in an elite category of less than a half 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 $2.6 billion in cash dividends to its stockholders.

RPM’s last dividend increase was on October 8, 2020, when the board of directors raised RPM's quarterly cash dividend to $0.38 per common share, a 5.6% increase over the previous quarterly dividend rate of $0.36 per common share.

Annually increasing its dividend is a long-standing RPM hallmark. Given current uncertain economic conditions, the company is pleased that its strong cash flow has allowed it to continue this practice and deliver stockholders a positive cash return on their investment. For the ten-year and period ended May 31, 2020, RPM's return to shareholders has outperformed the S&P 500 Index by 44%, including the assumed reinvestment of dividends. RPM's annual dividend growth has been a critical element of its ability to significantly outperform this broad market index and to deliver value to RPM shareholders.

RPM's annual meeting of shareholders is typically held the first week in October. A webcast replay of the October 8, 2020 annual meeting can be accessed on the Annual Meeting page of this website.

With the fiscal year ending on May 31, the annual report and proxy are typically mailed in late August each year. If you would like a copy of the current annual report, you may request one through the Information Request section of this website.

As of February 28, 2021, RPM's actual shares outstanding were 129.8 million, while average shares outstanding for computation of fiscal 2021 third-quarter basic and diluted earnings per share were 128.4 million and 129.9 million, respectively.

RPM's operating companies employ approximately 14,600 people worldwide, plus hundreds of independent sales and technical representatives.

Products manufactured by RPM's numerous operating companies are sold in nearly 170 countries and territories.

Yes, RPM does offer direct purchase of its stock through the Direct Stock Purchase Plan administered by EQ. Your initial purchase of RPM stock must be at least $200. After that, additional shares can be purchased, commission-free, at a minimum of $25 and a maximum of $5,000 per month. Contact EQ Shareowner Services at 1-800-988-5238 or stocktransfer@equiniti.com for an enrollment form or download one from Shareowner Online.

Yes. RPM maintains a Dividend Reinvestment Plan whereby cash dividends, plus additional investment of up to $5,000 per month, may be invested in additional RPM shares at no commission cost or service fee. Details of the plan are available online or by contacting RPM at 1-800-776-4488 or EQ Shareowner Services at 1-800-988-5238 (or 651-450-4064 outside the U.S.) or stocktransfer@equiniti.com. Only shareholders of record may participate in the plan. Shares owned by you but held by your broker in "street name" must be transferred into your name before you can enroll in the plan.

Please contact our stock transfer agent, EQ, at 1-800-988-5238 (or 651-450-4064 outside the U.S.) or stocktransfer@equiniti.com, and they will be happy to assist you. You can also obtain information online at www.shareowneronline.com.

RPM stock is purchased within five days of receipt of your check. Timing of your cash payment should be made accordingly. Your check should be made payable to Shareowner Services and mailed to: EQ Shareowner Services, P.O. Box 64854, St. Paul, MN 55164-0854. Certified/overnight mail can be sent to: EQ Shareowner Services, 1110 Centre Pointe Curve, Suite 101, Mendota Heights, MN 55120-4100. The same amount of money need not be invested each month and there is no obligation to make voluntary cash payments each month.

Yes. This service allows you to arrange for automatic monthly or quarterly investments in RPM stock by taking the funds directly from your checking or savings account and investing them in RPM stock. There is no cost to you for this service. To initiate automatic deductions, contact EQ at 1-800-988-5238 (or 651-450-4064 outside the U.S.) or stocktransfer@equiniti.com to request an authorization form to be completed by you and mailed to EQ Shareowner Services.

Yes. Shareholders of record may have their dividends electronically deposited directly into their checking or savings account through the Direct Deposit Program at no charge. For information regarding this service, please contact EQ at 1-800-988-5238 (or 651-450-4064 outside the U.S.) or stocktransfer@equiniti.com.

Yes, the correspondence you received from EQ Unify regarding your RPM account is legitimate. The company handles accounts that have been labeled “inactive” due to various reasons that were outlined in the letter to you. In order to confirm your account and other information, please call EQ at 1-800-988-5238. Hit zero twice to speak to a live person.

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© RPM International Inc.

© RPM International Inc.