MEDINA, Ohio, Jan. 5, 2016 /PRNewswire/ -- RPM
International Inc. (NYSE: RPM) today announced that its board of
directors has declared a regular quarterly cash dividend of
$0.275 per share, payable on
January 29, 2016 to stockholders of
record as of January 15, 2016.
RPM's last cash dividend increase of 5.8 percent in October 2015 marked its 42nd 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 $46.00, RPM's dividend yield would be 2.4
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, 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. 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, RPM Belgium, 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.
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SOURCE RPM International Inc.