PPG directors announce quarterly dividend of 62 cents per share

Rhea-AI Summary

PPG (NYSE:PPG) has declared a quarterly dividend of 62 cents per share, scheduled for payment on June 12 to shareholders on record by May 10. PPG continues its legacy of consistent dividend payments, marking its 499th consecutive dividend and celebrating 51 years of annual increases. The company, headquartered in Pittsburgh, recorded net sales of $17.7 billion in 2022 and operates in over 70 countries. PPG's commitment to delivering high-quality products in paints, coatings, and specialty materials reinforces its strong market presence and fosters shareholder confidence.

Positive

• Declared quarterly dividend of 62 cents per share.
• 499th consecutive dividend payment highlights consistent returns to shareholders.
• 51 consecutive years of annual dividend increases demonstrate strong financial health.

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 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 51 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company’s 499th 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 $17.7 billion in 2022. 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/20230419005908/en/

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 amount of PPG's latest declared dividend?

PPG declared a quarterly dividend of 62 cents per share.

When will PPG's dividend be paid?

The dividend will be paid on June 12.

What is the record date for PPG's dividend payment?

The record date for the dividend payment is May 10.

How long has PPG been paying dividends?

PPG has paid uninterrupted annual dividends since 1899.

How many consecutive years has PPG increased its dividend?

PPG has raised its annual dividend payment for 51 consecutive years.