RPM Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Thu, Oct 12, 8:14 AM ET, by ETF Channel
RPM International Inc (RPM) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.5% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, RPM International Inc is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.88% of the SPDR S&P Dividend ETF (SDY), which holds $140,076,124 worth of RPM shares.
RPM International Inc (RPM) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by RPM International Inc is $1.28/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/13/2017. Below is a long-term dividend history chart for RPM, which the report stressed as being of key importance.
RPM operates in the Specialty Chemicals sector, among companies like Praxair Inc (PX), and Ecolab Inc (ECL).
Read the original article at ETF Channel: RPM Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
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