PPG Board of Directors Approves Dividend Increase
Image courtesy of PPG.
The Board of Directors of PPG approved a 3-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 68 cents per share, payable September 12 to shareholders of record August 12.
This marks the company’s 504th consecutive dividend payment. Through the ongoing dedication and engagement of its workforce, the company has paid uninterrupted annual dividends since 1899.
“We are proud of PPG’s long heritage of rewarding shareholders and pleased with the opportunity to increase our dividend per share. This dividend growth reflects the strong confidence that PPG’s Board has in the resiliency of our business and the strength and future growth of our operating cash flow,” said Tim Knavish, PPG Chairman and Chief Executive Officer.
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