PPG directors announce quarterly dividend of 62 cents per share

Rhea-AI Summary

The Board of Directors of PPG (NYSE:PPG) declared a quarterly dividend of 62 cents per share, payable on Dec. 12 to shareholders on record as of Nov. 10. This dividend marks the 51st consecutive year of annual increases and is the 497th consecutive payment since 1899. PPG reported net sales of $16.8 billion in 2021, operating in over 75 countries and serving various markets, including construction and transportation.

Positive

• Declared 62 cents quarterly dividend, enhancing shareholder returns.
• 51 consecutive years of annual dividend increases showcase strong financial health.
• 497th consecutive dividend payment reflects commitment to returning value to shareholders.

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 Dec. 12 to shareholders of record Nov. 10.

This payment will mark 51 consecutive years of annual increases in the company’s dividend, and is the 497^th consecutive dividend payment. Through the 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 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 Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20221019005584/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 recent dividend declared by PPG and when is it payable?

PPG declared a quarterly dividend of 62 cents per share, payable on December 12 to shareholders of record on November 10.

How long has PPG been increasing its dividend?

PPG has increased its dividend for 51 consecutive years.

What was PPG's net sales figure in 2021?

PPG reported net sales of $16.8 billion in 2021.

What markets does PPG serve?

PPG serves construction, consumer products, industrial, and transportation markets.