RPM International (RPM) will raise its quarterly dividend by 8.3 percent to $0.26 per share in the fourth quarter of 2014. This follows a 1.5 cent per share dividend increase to 24 cents quarterly by RPM last year.
The increased dividend will be payable on October 31, 2014, to stockholders of record as of October 20, 2014. The ex-date for this next dividend of 26 cents by RPM is October 16, 2014.
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.