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April 3, 2012 /PRNewswire/ --
RPM International Inc. (NYSE: RPM) today announced that its board of directors has declared a regular quarterly cash dividend of
$0.215 per share, payable on
April 30, 2012 to stockholders of record as of
April 13, 2012.
cash dividend increase of 2.4 percent in October 2011 marked its 38th consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of one percent of all 19,000 publicly-traded U.S. companies. Only 46 other companies, besides RPM, have consecutively paid an increasing annual dividend for this period of time or longer, according to the 2012 edition of the
Mergent Handbook of Dividend Achievers. At a share price of
RPM's dividend yield would be 3.4%.
RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include
Universal Sealants and
Euco. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement and by hobbyists. Consumer brands include
Testors. Additional details can be found at
www.RPMinc.com and by following RPM on Twitter at
For more information, contact
Robert L. Matejka, senior vice president and chief financial officer, at 330-273-5090 or
SOURCE RPM International Inc.