MEDINA, Ohio--(BUSINESS WIRE)--Jul. 5, 2017--
RPM
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of $0.30 per
share, payable on July 31, 2017 to stockholders of record as of July 17,
2017.
RPM's
last cash dividend increase of 9.1 percent in October 2016
marked its 43rd 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 19,000 publicly-traded U.S. companies. Only 44 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. At a share price of $54.00, RPM's
dividend yield would be 2.2 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 Barry M. Slifstein, vice president –
investor relations, at 330-273-5090 or bslifstein@rpminc.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170705005066/en/
Source: RPM International Inc.
RPM International Inc.
Barry M. Slifstein, vice president –
investor relations, 330-273-5090
bslifstein@rpminc.com
