Information
The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 71 cents per share, payable March 12 to shareholders of record Feb. 20. Through the ongoing dedication and engagement of its
Original sourceAI Summary
PPG declares quarterly dividend of 71 cents per share. Company has raised dividends for 54 consecutive years. PPG has paid uninterrupted dividends since 1899. Reported net sales of $15.8 billion in 2024. PPG operates in over 70 countries, enhancing global reach.
Sentiment Rationale
Consistent dividend payments enhance investor confidence and indicate strong financial health. Historical examples show dividend growth often correlates with price appreciation.
Trading Thesis
Immediate dividend announcements typically influence stock prices quickly, as they attract income-focused investors.
Market-Moving
- PPG declares quarterly dividend of 71 cents per share.
- Company has raised dividends for 54 consecutive years.
- PPG has paid uninterrupted dividends since 1899.
Key Facts
- PPG declares quarterly dividend of 71 cents per share.
- Company has raised dividends for 54 consecutive years.
- PPG has paid uninterrupted dividends since 1899.
- Reported net sales of $15.8 billion in 2024.
- PPG operates in over 70 countries, enhancing global reach.
Companies Mentioned
- LIN (LIN)
- SHW (SHW)
- AXTA (AXTA)
Corporate Developments
The article highlights PPG's commitment to returning capital to shareholders, reinforcing its stability and growth potential.
The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 71 cents per share, payable March 12 to shareholders of record Feb. 20.
Through the ongoing dedication and engagement of its workforce, PPG has raised its annual dividend payment for 54 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company's 510th 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 products that our customers have trusted for more than 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 $15.8 billion in 2024. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260114441075/en/
Media Contact:
Greta Edgar Borza
Corporate Communications
+1 724 316 7552
edgar@ppg.com
Investor Contact:
Alex Lopez
Investor Relations
+1 412 434 3466
alejandrolopez@ppg.com
investor.ppg.com