RPM International Boosts Dividend by 10.9% for 51st Consecutive Year

RPM International Inc. (RPM) announced a hike of 10.9% in its quarterly cash dividend payout to 51 cents per share (or $2.04 annually) from 46 cents (or $1.68 annually). The amount will be paid on Oct. 31, 2024, to shareholders of record as of Oct. 18. Based on the closing price of $127.30 per share on Thursday, the stock has a dividend yield of 1.44%. This marks the 51st consecutive year that the company has raised its cash dividend. Remarkably, this achievement puts RPM in an elite group, representing les ...