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.
MAP 2025 (Margin Achievement Plan) is an operational improvement initiative through which RPM expects to accelerate growth, maximize operational efficiencies, and build a better world to generate superior value creation for the company’s customers, associates and shareholders. Goals of the initiative to be achieved on an annualized run-rate basis by May 31, 2025, include:
The company provided more details about MAP 2025 during an investor day it held on October 7, 2022. A webcast replay of the investor day presentation can be found on the Presentations & Webcasts page of this website.
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 more than 175 acquisitions, with more than 60 of these transactions being completed during the last decade. RPM completed eight strategic business acquisitions in fiscal 2022, including:
In addition, the company has made six small, but strategic acquisitions in fiscal 2023.
RPM has increased the cash dividend paid to its stockholders for 49 consecutive years, placing it in an elite category of less than a half percent of all publicly traded U.S. companies. 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. During this timeframe, the company has paid approximately $3.1 billion in cash dividends to its stockholders.
RPM’s last dividend increase was on October 6, 2022, when the board of directors raised RPM's quarterly cash dividend to $0.42 per common share, a 5.0% increase over the previous quarterly dividend rate of $0.40 per common share.
Annually increasing its dividend is a long-standing RPM hallmark and is part of the company’s strategy to deliver stockholders a positive cash return on their investment. For the ten-year period ended May 31, 2022, RPM's return to shareholders has outperformed the S&P 500 Index by 9.3% 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 of October. A webcast replay of the October 6, 2022 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 download it from the Annual Reports page of this website or request one through the Information Request section of this website.
RPM issued its most recent Sustainability Report, titled Building a Better World, on August 22, 2022. Building a Better World is RPM’s ongoing commitment to building a sustainable future across three pillars: Our Products, Our People and Our Processes, with a strong foundation in governance. The report reviews RPM’s progress toward the three pillars and highlights the company’s sustainability goals and strategy. The report is available at https://www.rpminc.com/sustainability.
As of November 30, 2022, RPM's actual shares outstanding were 129.1 million, while average shares outstanding for computation of fiscal 2023 second-quarter basic and diluted earnings per share were 127.6 million and 128.9 million, respectively.
RPM's operating companies employ approximately 16,800 people worldwide, plus hundreds of independent sales and technical representatives.
Products manufactured by RPM's numerous operating companies are sold in more than 160 countries and territories.
Yes, RPM does offer direct purchase of its stock through the Direct Stock Purchase Plan administered by American Stock Transfer & Trust Company, LLC (AST). 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 AST at 1-800-988-5238 or email@example.com for an enrollment form or download an enrollment form here.
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 AST at 1-800-988-5238 (or 718-921-8124 outside the U.S.) or firstname.lastname@example.org. 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, AST, at 1-800-988-5238 (or 718-921-8124 outside the U.S.) or email@example.com, and they will be happy to assist you. You can also obtain information online at www.astfinancial.com.
RPM stock is purchased within five days of receipt of your payment. Timing of your cash payment should be made accordingly. Your check should be made payable to American Stock Transfer & Trust Company and mailed to: AST, Attention: RPM International Inc., 6201 15th Avenue, Brooklyn, NY 11219. 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 AST at 1-800-988-5238 (or 718-921-8124 outside the U.S.) or firstname.lastname@example.org to request an authorization form to be completed by you and mailed to AST.
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 AST at 1-800-988-5238 (or 718-921-8124 outside the U.S.) or email@example.com.
No action is necessary. All of your information was transferred to AST.
If you wish to enroll in direct deposit, please complete and return the Direct Deposit Authorization Form to American Stock Transfer.
If you are holding a dividend check you should cash it as soon as possible. All checks are valid for six months after they are issued.