PPG Board of Directors announce quarterly dividend of 65 cents per share

Rhea-AI Summary

PPG's Board of Directors announces a quarterly dividend of 65 cents per share, showcasing the company's commitment to shareholders with a history of consistent dividend payments for over a century.

 

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 65 cents per share, payable June 12 to shareholders of record May 10.

Through the ongoing dedication and engagement of its workforce, PPG has raised its annual dividend payment for 52 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company’s 503rd consecutive dividend payment.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings, and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

CATEGORY Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418735328/en/

Media Contact:

Mark Silvey

Corporate Communications

+1 412 434 3046

silvey@ppg.com

Investor Contact:

Jonathan Edwards

Investor Relations

+1 412 434 3466

jonathanedwards@ppg.com

investor.ppg.com

Source: PPG

FAQ

What dividend has PPG's Board of Directors declared per share?

PPG's Board of Directors declared a quarterly dividend of 65 cents per share.

When will the dividend be payable to shareholders?

The dividend will be payable on June 12 to shareholders of record by May 10.

How many consecutive years has PPG raised its annual dividend payment?

PPG has raised its annual dividend payment for 52 consecutive years.

What is the total number of consecutive dividend payments made by PPG?

This marks PPG's 503rd consecutive dividend payment.

What is PPG's reported net sales in 2023?

PPG reported net sales of $18.2 billion in 2023.

In how many countries does PPG operate and innovate?

PPG operates and innovates in more than 70 countries.

What markets does PPG serve its customers in?

PPG serves customers in construction, consumer products, industrial and transportation markets, and aftermarkets.