RPM Declares Quarterly Dividend

Rhea-AI Summary

RPM International (NYSE: RPM) has announced a quarterly cash dividend of $0.51 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025. The company's recent dividend increase of 11% in October 2024 marked its 51st consecutive year of increased cash dividends, positioning RPM among an elite group of less than 0.5% of all publicly traded U.S. companies. Only 41 other U.S. companies have maintained a longer streak of consecutive annual dividend increases. Throughout this period, RPM has distributed approximately $3.6 billion in cash dividends to shareholders.

Positive

• 51-year track record of consecutive dividend increases
• Recent 11% dividend increase in October 2024
• $3.6 billion returned to shareholders through dividends
• Among top 42 U.S. companies for dividend growth consistency

Negative

• None.

MEDINA, Ohio--(BUSINESS WIRE)-- RPM International Inc. (NYSE: RPM) today announced that its board of directors declared a regular quarterly cash dividend of $0.51 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025.

RPM’s last cash dividend increase of 11% in October 2024 marked RPM’s 51st 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 $3.6 billion in cash dividends to its stockholders.

About RPM

RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across four reportable segments: consumer, construction products, performance coatings and specialty products. RPM has a diverse portfolio of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, DayGlo, Legend Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and workplaces to infrastructure and precious landmarks, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company is ranked on the Fortune 500^® and employs approximately 17,200 individuals worldwide. Visit www.RPMinc.com to learn more.

For more information, contact Matt Schlarb, Vice President – Investor Relations & Sustainability, at 330-220-6064 or mschlarb@rpminc.com.

From Fortune ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of RPM International Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250103389343/en/

Matt Schlarb, Vice President – Investor Relations & Sustainability, at 330-220-6064 or mschlarb@rpminc.com

Source: RPM International Inc.

FAQ

What is RPM's latest quarterly dividend amount for 2025?

RPM's latest quarterly dividend is $0.51 per share, payable on January 31, 2025, to stockholders of record as of January 17, 2025.

How many consecutive years has RPM increased its dividend?

RPM has increased its cash dividends for 51 consecutive years, following an 11% increase in October 2024.

How much has RPM paid in total dividends to shareholders?

RPM has returned approximately $3.6 billion in cash dividends to its stockholders over its dividend-paying history.

How does RPM's dividend track record compare to other U.S. companies?

RPM is among less than 0.5% of all publicly traded U.S. companies with such a long dividend increase streak, with only 41 other U.S. companies having longer consecutive dividend increase records.

When was RPM's last dividend increase and by how much?

RPM's last dividend increase was in October 2024, raising the dividend by 11%.