MEDINA, Ohio, April 3, 2008 /PRNewswire-FirstCall/ -- RPM International
Inc. (NYSE: RPM) today announced that its board of directors has declared a
regular quarterly cash dividend of $0.19 per share, payable on April 30, 2008
to stockholders of record as of April 14, 2008. This payment represents an
8.6% increase over the quarterly cash dividend paid at this time last year.
RPM's latest cash dividend increase in October 2007 marked its 34th
consecutive year of increased cash dividends paid to its stockholders, which
places RPM in an elite category of less than half of one percent of all 19,000
publicly-traded U.S. companies. Only 70 other companies, besides RPM, have
consecutively paid an increasing annual dividend for this period of time or
longer, according to the 2008 edition of America's Finest Companies. At a
share price of $22.00, RPM's dividend yield would be 3.4%.
RPM International Inc., a holding company, owns subsidiaries that are
world leaders in specialty coatings and sealants serving both industrial and
consumer markets. RPM's industrial products include roofing systems, sealants,
corrosion control coatings, flooring coatings and specialty chemicals.
Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco
and Dryvit. RPM's consumer products are used by professionals and
do-it-yourselfers for home maintenance and improvement, boat repair and
maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum,
DAP, Varathane and Testors.
For more information, contact P. Kelly Tompkins, executive vice president
and chief administrative officer, at 330-273-5090 or firstname.lastname@example.org.
SOURCE RPM International Inc.
P. Kelly Tompkins
executive vice president and chief