MEDINA, Ohio, July 2, 2015 /PRNewswire/ -- RPM
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of
$0.26 per share, payable on
July 31, 2015 to stockholders of
record as of July 13, 2015.
RPM's last cash dividend increase of 8.3 percent in October 2014 marked its 41st 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 45 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 $50.00, RPM's dividend yield would be 2.1
percent.
About RPM
RPM International Inc. owns subsidiaries that are world leaders
in specialty coatings, sealants, building materials and related
services for both industrial and consumer markets. RPM's industrial
products include roofing systems, sealants, corrosion control
coatings, flooring coatings and specialty chemicals. Industrial
companies include Stonhard, Tremco, illbruck, Carboline, Flowcrete,
Day-Glo, Dryvit and Euclid Chemical. 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. 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 and planning,
at 330-273-5090 or bslifstein@rpminc.com.
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SOURCE RPM International Inc.