MEDINA, Ohio, Jan. 4, 2017
/PRNewswire/ -- RPM International Inc. (NYSE: RPM) today
announced that its board of directors has declared a regular
quarterly cash dividend of $0.30 per
share, payable on January 31, 2017 to
stockholders of record as of January 16,
2017.
RPM's last cash dividend increase of 9.1 percent in October 2016 marked its 43rd 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 44 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 $53.50, RPM's dividend yield would be 2.2
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, Euclid Chemical and RPM Belgium Vandex. 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,
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.