Thursday, October 08, 2009

RPM International 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.

(click to enlarge)

RPM International dividend analysis table October 2010
RPM Stock chart October 2010


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