RPM International Inc. (RPM) To Go Ex-Dividend on July 14th

RPM International Inc. (NYSE:RPMGet Free Report) declared a quarterly dividend on Wednesday, July 1st. Investors of record on Tuesday, July 14th will be paid a dividend of 0.54 per share by the specialty chemicals company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, July 14th.

RPM International has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 51 years. RPM International has a dividend payout ratio of 34.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect RPM International to earn $5.96 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 36.2%.

RPM International Price Performance

RPM stock opened at $111.61 on Friday. The stock has a 50-day moving average price of $104.46 and a two-hundred day moving average price of $106.33. The stock has a market cap of $14.25 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81. RPM International has a 1 year low of $92.92 and a 1 year high of $129.12.

RPM International (NYSE:RPMGet Free Report) last issued its quarterly earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.55 billion. RPM International had a return on equity of 22.55% and a net margin of 8.63%.The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 earnings per share. Equities analysts forecast that RPM International will post 5.46 EPS for the current fiscal year.

RPM International Company Profile

(Get Free Report)

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.

Featured Stories

Dividend History for RPM International (NYSE:RPM)

Receive News & Ratings for RPM International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPM International and related companies with MarketBeat.com's FREE daily email newsletter.