RPM accelerates date of quarterly dividend payment of 22.5c The dividend is payable on December 28 to stockholders of record as of December 17. The payment is intended to be in lieu of the quarterly dividend that would have been paid in January 2013.
RPM says consumer segment getting off to weak start in Q1 due to weather Results for industrial segment, with 50% of its sales outside of the U.S. will be somewhat weighted to 2H16 due to expected negative impact of foreign exchange translation during 1H16, offset in part by expected continuing solid performance of the SPHC companies.
RPM sees FY16 consumer segment sales up 4%-5% The company said core consumer business continues to gain market share with new product innovations, but poor weather from the spring has continued into the summer months, dampening first-quarter sales. Expects both top- and bottom-line growth in Synta and Kirker units.