RPM increases dividend 10% to 46c from 42c per share

RPM International announced at its annual meeting of stockholders that its board of directors declared a regular quarterly cash dividend of 46c per share, payable on October 31 to stockholders of record as of October 18. This payment represents a 10% increase over the 42c quarterly cash dividend paid at this time last year. “Increasing dividends for fifty consecutive years is a significant achievement, and the primary credit for this accomplishment goes to our associates. Throughout RPM‘s history, they have innovated, adapted to changing market conditions and embraced our core values of transparency, trust and respect to deliver sustainable value for our shareholders, customers and other stakeholders. Over the last half century, RPM has returned approximately $3.3B in cash dividends to its shareholders. With our entrepreneurial spirit and strategically balanced business model, I am confident we will build on our strong track record of sustainable value creation,” said Frank Sullivan, RPM Chair and CEO.