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Daily Dividend Report: AZZ,ALG,MNR,RPM,OZK
updated Friday, July 2, 5:16 PM

AZZ, a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a first quarter cash dividend in the amount of $0.17 per share on the Company's outstanding shares of common stock. The dividend is payable on August 3, 2021, to shareholders of record as of the close of business on July 20, 2021.

Alamo Group announced today that its Board of Directors has declared its quarterly cash dividend of $0.14 per share, payable July 28, 2021 to shareholders of record at the close of business on July 15, 2021.

On July 1, 2021, the Board of Directors of Monmouth Real Estate Investment declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share. The common stock dividend will be payable to shareholders of record at the close of business on August 16, 2021 and will be paid on September 15, 2021, except that if the Company's pending merger with Equity Commonwealth is completed prior to September 15, 2021, the dividend payment will be accelerated and paid immediately prior to the effective time of the merger.

RPM International today announced that its board of directors has declared a regular quarterly cash dividend of $0.38 per share, payable on July 30, 2021 to stockholders of record as of July 15, 2021. RPM's last cash dividend increase of 5.6 percent in October 2020 marked its 47th consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of 1 percent of all publicly traded U.S. companies. Only 41 other companies, besides RPM, have consecutively paid an increasing annual dividend for this period of time or longer, according to the Mergent Handbook of Dividend Achievers. During this timeframe, the company has returned approximately $2.6 billion in cash dividends to its stockholders. At a share price of $90, RPM's dividend yield would be 1.69 percent.

Bank OZK announced its Board of Directors has approved a regular quarterly cash dividend of $0.285 per common share payable July 19, 2021 to shareholders of record as of July 12, 2021. The dividend of $0.285 per common share represents an increase of $0.005 per common share, or 1.79%, over the dividend paid in the previous quarter. Bank OZK has increased its quarterly cash dividend in each of the last forty-four quarters.

For MarketNewsVideo.com, I'm Sayoko Murase.

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