Press Release: RPM Declares Quarterly Dividend

Dow Jones01-03 19:45

RPM Declares Quarterly Dividend 

MEDINA, Ohio--(BUSINESS WIRE)--January 03, 2025--

RPM International Inc. (NYSE: RPM) today announced that its board of directors declared a regular quarterly cash dividend of $0.51 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025.

RPM's last cash dividend increase of 11% in October 2024 marked RPM's 51st 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 $3.6 billion in cash dividends to its stockholders.

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 is ranked on the Fortune 500$(R)$ and employs approximately 17,200 individuals worldwide. Visit www.RPMinc.com to learn more.

For more information, contact Matt Schlarb, Vice President -- Investor Relations & Sustainability, at 330-220-6064 or mschlarb@rpminc.com.

From Fortune (c)2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of RPM International Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250103389343/en/ 

 
    CONTACT:

Matt Schlarb, Vice President -- Investor Relations & Sustainability, at 330-220-6064 or mschlarb@rpminc.com

(END) Dow Jones Newswires

January 03, 2025 06:45 ET (11:45 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment