RPMRPM INTERNATIONAL INC/DE/
Oct 9, 4:31 PM ET
RPM Raises Quarterly Dividend 10.9% to $0.51; General Counsel Edward Moore to Retire
RPM's board declared a regular quarterly cash dividend of $0.51 per share, a 10.9% increase over the $0.46 paid a year earlier, marking the 51st consecutive year the company has raised its dividend. At the October 3, 2024 annual meeting, shareholders approved annual election of directors and re-elected three directors, and the company named Tracy D. Crandall general counsel, succeeding Edward W. Moore, who is retiring by the end of 2024.
- Quarterly dividend of $0.51 per share, up 10.9% from $0.46; payable October 31, 2024 to holders of record as of October 18, 2024.
- Shareholders approved amending the charter to require annual director elections, with 80.2% of outstanding shares voting in favor against an 80% threshold.
- Tracy D. Crandall elected vice president, general counsel, chief compliance officer and secretary, succeeding Edward W. Moore, who became corporate counsel effective October 4, 2024.
- Bruce A. Carbonari, Jenniffer D. Deckard and Salvatore D. Fazzolari re-elected as directors; Kirkland B. Andrews expected to step down in January 2025.