MEDINA, Ohio--(BUSINESS WIRE)--Jan. 3, 2018--
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of $0.32 per
share, payable on January 31, 2018 to stockholders of record as of
January 17, 2018.
RPM's last cash dividend increase of 6.7 percent in October 2017 marked
its 44th 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 paid approximately $2.2 billion in cash dividends to its
stockholders. At a share price of $53.00, RPM's
dividend yield would be 2.4 percent.