MEDINA, Ohio, Jan 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- RPM International Inc.
(NYSE: RPM) today announced that its board of directors has declared a regular
quarterly cash dividend of $0.175 per share, payable on January 31, 2007, to
stockholders of record as of January 12, 2007. This payment represents a 9.4%
increase over the quarterly cash dividend paid at this time last year.
RPM's latest cash dividend increase in October 2006 marked its 33rd
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 79 other companies, besides RPM, have
consecutively paid an increasing annual dividend for this period of time or
longer, according to the 2007 edition of America's Finest Companies. At a
share price of $20.00, RPM's dividend yield would be 3.5%.
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, automotive and boat repair
and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-
Oleum, DAP, Varathane, Bondo and Testors.
For more information, contact Glenn R. Hasman, vice president - finance
and communications, at 330-273-8820 or firstname.lastname@example.org.
SOURCE RPM International Inc.
Glenn R. Hasman, vice president - finance and communications of RPM International
Inc., 1-330-273-8820, or email@example.com