RPM International Extends Dividend Streak to 53 Years

Investors holding RPM International stock are set for a payout increase, as the company lifts its quarterly dividend by 5.6% to 57 cents per share. This marks the 53rd consecutive year the manufacturer has raised its distribution, cementing a long-standing track record of returning capital to shareholders.

Oct 8, 22:21· Money Talk· 2,441 reads

The new quarterly rate, which climbs from the previous 54 cents, translates to an annualized payout of $2.28. Based on Thursday’s opening market price of $97.15, the dividend offers an annual yield of approximately 2.3%.

Shareholders on the books by October 20 will receive the payment on October 30. The sustained growth of the dividend underscores the company's commitment to its payout policy despite shifting market conditions within the specialty chemicals and building materials sectors.

RPM International Extends Dividend Streak to 53 Years

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