RPM increases quarterly dividend 5.6% to $0.57 per share
RPM International Inc. has increased its quarterly dividend to $0.57 per share, marking a 5.6% rise from the previous $0.54 payment. This decision comes after the company's annual meeting of stockholders, where board nominees were elected. CEO Frank C. Sullivan expressed pride in this milestone, attributing it to the company's associates' commitment to customer service and disciplined execution.
RPM, a global player in specialty coatings, sealants, building materials, and related services, employs around 17,500 people worldwide. The company operates in three segments: consumer, construction products, and performance coatings.
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- RPM raises quarterly dividend by 5.6% to $0.57/share seekingalpha.com
