PPG directors announce quarterly dividend of 62 cents per share

Rhea-AI Summary

The Board of Directors of PPG has declared a quarterly dividend of 62 cents per share, payable on March 10 for shareholders of record as of February 17. This dividend marks the company's 498th consecutive payment and follows a tradition of increasing annual dividends for 51 consecutive years. PPG, headquartered in Pittsburgh, reported net sales of $16.8 billion in 2021, serving various markets including construction and transportation.

Positive

• Regular quarterly dividend of 62 cents per share announced.
• 51 consecutive years of dividend increases indicate strong financial performance.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of PPG (NYSE: PPG) today declared a regular quarterly dividend of 62 cents per share, payable March 10 to shareholders of record Feb. 17.

Through the ongoing dedication and engagement of its workforce, PPG has raised its annual dividend payment for 51 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company’s 498th 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 nearly 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 75 countries and reported net sales of $16.8 billion in 2021. 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 Corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20230118006008/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

FAQ

What is the dividend amount declared by PPG for the upcoming payment?

PPG has declared a dividend of 62 cents per share.

When is the dividend payment date for PPG?

The dividend is payable on March 10.

What is the record date for PPG's dividend?

The record date for shareholders is February 17.

How many consecutive years has PPG increased its dividend?

PPG has increased its dividend for 51 consecutive years.

How many consecutive dividend payments has PPG made?

PPG has made 498 consecutive dividend payments.