RPM announces quarter dividend of $0.42 per share

Medina, OH – RPM International Inc. announced that its board of directors declared a regular quarterly cash dividend of $0.42 per share, payable on January 31, 2023, to stockholders of record as of January 20, 2023.

RPM’s last cash dividend increase of 5.0 percent in October 2022 marked RPM’s 49th 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 $3.1 billion in cash dividends to its stockholders. At a share price of $98.00, RPM’s annual dividend yield would be 1.7 percent.