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MEDINA, Ohio - RPM International Inc. (NYSE:RPM), a $14.1 billion market cap specialty chemicals company with a current dividend yield of 1.86%, announced Tuesday that its board of directors has declared a regular quarterly cash dividend of $0.51 per share, payable on July 31, 2025, to stockholders of record as of July 15, 2025.
The specialty coatings and building materials company has maintained a remarkable dividend history, having increased its cash dividend for 51 consecutive years following an 11% increase in October 2024. This achievement places RPM in a select group representing less than half of 1 percent of all publicly traded U.S. companies. InvestingPro analysis shows the company maintains strong financial health with a GOOD overall score and liquid assets exceeding short-term obligations, supporting its dividend sustainability.
According to Dividend Radar, only 41 other U.S. companies have maintained a longer streak of consecutive annual dividend increases. Throughout this period, RPM has returned approximately $3.7 billion in cash dividends to its stockholders. Want deeper insights into RPM’s dividend sustainability? InvestingPro subscribers get access to exclusive dividend analysis tools and detailed financial health metrics across 1,400+ stocks.
RPM International operates across four business segments: consumer, construction products, performance coatings and specialty products. The company’s portfolio includes well-known brands such as Rust-Oleum, DAP, The Pink Stuff, Zinsser, and Tremco.
The company employs approximately 17,200 individuals worldwide, according to the press release statement.
In other recent news, RPM International has acquired Ready Seal Inc., a Texas-based manufacturer of premium exterior wood stains, to enhance its Rust-Oleum business division. Ready Seal, known for its innovative stain-and-sealer products, reported approximately $45 million in sales for 2024. Meanwhile, BMO Capital has raised RPM International’s stock price target to $140, maintaining an Outperform rating, citing the company’s strategic acquisitions and favorable foreign exchange impacts. Evercore ISI analysts have reiterated an Outperform rating with a $145 price target, noting resilience in RPM’s construction segment and a slight expected growth in the consumer segment. Citi analysts have initiated coverage with a Buy rating and a $135 target, highlighting RPM’s strong operating leverage and potential benefits from infrastructure trends. Conversely, UBS has lowered its price target for RPM to $113, maintaining a Neutral rating due to concerns about raw material inflation and mixed segment performance. Despite these challenges, RPM’s "MAP to Growth" initiative may help mitigate some negative impacts. These developments reflect RPM International’s ongoing strategies and market positioning efforts.
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