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Stocks R / RPM International


Subject:  Dividend increased to 32¢ Date:  10/5/2017  4:45 PM
Author:  LakeEffect Number:  329 of 334

MEDINA, Ohio--(BUSINESS WIRE)--Oct. 5, 2017-- RPM International Inc. (NYSE: RPM) today announced at its annual meeting of stockholders that its board of directors declared a regular quarterly cash dividend of $0.32 per share, payable on October 31, 2017, to stockholders of record as of October 16, 2017. This payment represents a 6.7 percent increase over the $0.30 quarterly cash dividend paid at this time last year.

This action marks RPM’s 44th 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 41 other companies, besides RPM, have consecutively paid an increasing annual dividend for this period of time or longer, according to the 2017 edition of the Mergent Handbook of Dividend Achievers. At a share price of $51.50, RPM's dividend yield would be 2.5 percent.
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