The article highlights six companies with an average dividend increase of 9%, with RPM International achieving Dividend King status with a nearly 11% raise. My investment strategy focuses on buying, holding, and adding companies that consistently increase dividends and outperform benchmarks, using data from U.S. Dividend Champions and NASDAQ. All stocks have at least five fiscal years of divide...
RPM International raised its dividend by a double-digit percentage, extending its dividend growth streak to over 50 years and qualifying it as a Dividend King. Recent earnings were mixed with a 2% revenue decline, but a 12.2% increase in adjusted EPS, driven by strong performance in the Construction Products Group. RPM's Margin Achievement Plan 2025 has improved profitability, with record adjus...
RPM International Inc. NYSE: RPM is a global manufacturer of specialty chemicals, coating, sealants, and building materials used for industrial and construction applications. The name may not sound familiar since it's the parent company of a portfolio of more than 85 brands for professionals and do-it-yourself-ers (DIY).
RPM International is rated 'Buy' with a one-year target price of $145, driven by expected economic normalization and growth in construction and consumer coatings. RPM's Construction Products Group, accounting for 37% of revenue, is poised for growth due to urbanization and data center construction, despite current high-interest rates. The company's Margin Achievement Plan 2025 (MAP 2025) aims t...
RPM International, Inc. (NYSE:RPM ) Q1 2025 Earnings Conference Call October 2, 2024 10:00 AM ET Company Participants Matthew Schlarb - Senior Director of IR Frank Sullivan - Chairman and CEO Russell Gordon - VP and CFO Michael Laroche - VP, Controller and Chief Accounting Officer Conference Call Participants John McNulty - BMO Capital Markets Frank Mitsch - Fermium Research Kevin McCarthy - Ve...
RPM Inc (RPM +6%), a supplier of specialty coatings, sealants, and building materials, is experiencing a positive market response today despite missing Q1 revenue estimates and projecting flat Q2 revenue growth. The company is facing a tough operating environment marked by sticky inflation, sluggish commercial construction, softened DIY activity, and delays in large construction projects.
Shares of RPM International Inc (RPM, Financial) surged 7.91% in mid-day trading on Oct 2. The stock reached an intraday high of $129.69, before settling at $129.59, up from its previous close of $120.09.
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