PPG Directors Announce Quarterly Dividend of 59 Cents Per Share; 2021 to Mark 50 Consecutive Years of Annual Dividend Increases

Rhea-AI Summary

The Board of Directors of PPG declared a quarterly dividend of 59 cents per share, payable on Dec. 10 to shareholders of record on Nov. 10. This marks the 50th consecutive year of annual dividend increases and the 493rd consecutive dividend payment, reflecting PPG's longstanding commitment to its shareholders since 1899. The company reported net sales of $13.8 billion in 2020, serving diverse markets including construction and transportation.

Positive

• Dividend increase to 59 cents per share.
• 50 consecutive years of annual dividend increases.
• 493 consecutive dividend payments.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 59 cents per share, payable Dec. 10 to shareholders of record Nov. 10.

This payment will mark 50 consecutive years of annual increases in the company’s dividend, and is the 493^rd consecutive dividend payment. Through ongoing dedication and engagement of its workforce, the company has paid uninterrupted annual dividends since 1899.

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 75 countries and reported net sales of $13.8 billion in 2020. 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/20211021005942/en/

Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

Source: PPG