RPM International is beating Aristocrat PPG Industries

10.9% dividend hike in 2024 and big outperformance in last decade

Coatings and sealants maker RPM International (RPM) will hike its dividend by 10.9% to a new record high of $0.51 quarterly per share in 2024. This marks the 51st consecutive year of increases for RPM. At a stock price of $128.91 the dividend yield for RPM is 1.6%.

We are shocked to see the massive outperformance bij RPM when compared to bigger and better known Dividend Aristocrat PPG Industries.

Sure PPG has a higher yield, but dividend growth is slower and the stock has returned only a fraction of RPM’s Total Return in the last decade.

RPM International Inc. is a manufacturer of specialty coatings, sealants, building materials and related services. The company's four reportable segments are Construction Products, Performance Coatings, Consumer and Specialty Products. 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. RPM was founded in 1947 and typically pays its quarterly dividends on the 31st of July, October and January and the 30th of April.

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