RPM International (RPM) Increases Dividend 2.5%
For the 36th consecutive year, RPM International (
RPM) announces a YOY increase in its quarterly dividend to 20.5 cents per share. This compares to a quarterly dividend of 20 cents per share in the same period last year: a 2.5% increase.
The estimated payout ratio is 65% based on May 2010 estimated earnings of $1.26. May 2011 earnings are estimated at $1.50. RPM earnings have been impacted by the economic slowdown resulting in payouts of 80%, 176% and 38% over the course of the last three years. RPM carries an Earnings and Dividend Quality Ranking of B.
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