MEDINA, Ohio--(BUSINESS WIRE)--Apr. 3, 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 April 30, 2019 to stockholders of record as of April
16, 2019.
RPM's last
cash dividend increase of 9.4 percent in October 2018 marked its
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 $59.00, RPM's
dividend yield would be 2.4 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/20190403005047/en/
Source: RPM International Inc.
Russell L. Gordon, Vice President and Chief Financial Officer
330-273-5090
or rgordon@rpminc.com
