RPM Declares Quarterly Dividend
05 Julho 2023 - 7:45AM
Business Wire
RPM International Inc. (NYSE: RPM) today announced that its
board of directors declared a regular quarterly cash dividend of
$0.42 per share, payable on July 31, 2023, to stockholders of
record as of July 18, 2023.
RPM’s last cash dividend increase of 5.0 percent in October 2022
marked RPM’s 49th 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 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 returned
approximately $3.2 billion in cash dividends to its stockholders.
At a share price of $87.00, RPM's annual dividend yield would be
1.9 percent.
About RPM
RPM International Inc. owns subsidiaries that are world leaders
in specialty coatings, sealants, building materials and related
services. The company operates across four reportable segments:
consumer, construction products, performance coatings and specialty
products. RPM has a diverse portfolio of market-leading brands,
including Rust-Oleum, DAP, Zinsser, Varathane, DayGlo, Legend
Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and
workplaces to infrastructure and precious landmarks, RPM’s brands
are trusted by consumers and professionals alike to help build a
better world. The company employs approximately 16,800 individuals
worldwide. Visit www.RPMinc.com to learn more.
For more information, contact Matt Schlarb, senior director –
investor relations, at 330-220-6064 or mschlarb@rpminc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230705615962/en/
Matt Schlarb, senior director – investor relations 330-220-6064
mschlarb@rpminc.com
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