Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 RPM Declares Quarterly Dividend - Coatings World

What are you searching for?

Sign in
Breaking News, Financial News

RPM Declares Quarterly Dividend

Declared a regular quarterly cash dividend of $0.42 per share, payable on April 28, 2023, to stockholders of record as of April 13, 2023.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

RPM International Inc. announced that its board of directors declared a regular quarterly cash dividend of $0.42 per share, payable on April 28, 2023, to stockholders of record as of April 13, 2023.

RPM’s last cash dividend increase of 5 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 $3.2 billion in cash dividends to its stockholders. At a share price of $87.00, RPM’s annual dividend yield would be 1.9 percent.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters