PPG Directors Announce Quarterly Dividend of 54 Cents Per Share

Rhea-AI Summary

PPG (NYSE:PPG) has declared a quarterly dividend of 54 cents per share, set to be paid on March 12 to shareholders of record by February 19. This marks the 490th consecutive dividend payment for PPG, which has raised its annual dividend payout for 49 years and has continuously paid dividends since 1899. Amidst dedicated efforts from employees, PPG remains committed to delivering value through its paints, coatings, and specialty materials, serving various markets worldwide.

Positive

• Quarterly dividend of 54 cents per share declared.
• 490th consecutive dividend payment highlights strong financial performance.
• 49 years of annual dividend increases reflects company stability and shareholder confidence.

Negative

• None.

The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 54 cents per share, payable March 12 to shareholders of record Feb. 19.

Through the work of dedicated employees who partner with customers every day to create mutual value, PPG has raised its annual dividend payout for 49 consecutive years and paid uninterrupted annual dividends since 1899. This marks the company’s 490th 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 more than 135 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 $15.1 billion in 2019. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20210121005622/en/

FAQ

What is the dividend amount declared by PPG?

PPG has declared a quarterly dividend of 54 cents per share.

When will the dividend be paid?

The dividend will be paid on March 12 to shareholders of record on February 19.

How long has PPG been paying dividends?

PPG has paid uninterrupted annual dividends since 1899.

How many consecutive dividends has PPG paid?

PPG has made its 490th consecutive dividend payment.

What is the history of PPG's dividend increases?

PPG has raised its annual dividend payout for 49 consecutive years.