5 Future Dividend Kings in the Next 6 Years or Less

2. RPM International Inc. (NYSE:RPM)

Consecutive Years of Dividend Growth: 49

RPM International Inc. (NYSE:RPM) is an Ohio-based multinational paint and coating manufacturing company. On January 3, the company declared a quarterly dividend of $0.42 per share, which fell in line with its previous dividend. The company is among the best dividend kings of the future as it has raised its dividends for 49 years in a row. The stock’s dividend yield came in at 2.02% on March 23.

Following the company’s quarterly earnings, BMO Capital maintained an Outperform rating on RPM International Inc. (NYSE:RPM) in January with a $112 price target.

As per Insider Monkey’s Q4 2022 database, 26 hedge funds owned stakes in RPM International Inc. (NYSE:RPM), up from 23 in the preceding quarter. The collective value of these stakes is over $243.6 million. Among these hedge funds, Balyasny Asset Management was the company’s leading stakeholder in Q4.

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