RPM International (RPM) will raise its quarterly dividend by 2.4 percent to $0.215 per share in the fourth quarter of 2011. Last year the quarterly dividend was also increased by $0.005 per share by RPM.

The increased dividend will be payable on October 31, 2011, to stockholders of record as of October 17, 2011. The ex-date for this next dividend of 21.5 cents by coatings and paint company is October 13, 2011.

RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services across three segments. RPM’s industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and other construction chemicals. RPM's brands include API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser.