Quarterly payment of $0.38 per share is 5.6% increase over prior year.
MEDINA, OH – Paint and coatings manufacturer RPM International Inc. announced at its annual meeting of stockholders that its board of directors declared a regular quarterly cash dividend of $0.38 per share, payable on Oct. 30, 2020, to stockholders of record as of Oct. 19, 2020. This payment represents a 5.6 percent increase over the $0.36 quarterly cash dividend paid at this time last year.
This action marks RPM’s 47th consecutive year of increased cash dividends paid to its stockholders, which places RPM in a category of less than half of 1 percent of all publicly traded U.S. companies.