PITTSBURGH--(BUSINESS WIRE)--The board of directors of PPG Industries (NYSE:PPG) today declared a regular quarterly dividend of 36 cents per share, payable Sept. 11 to shareholders of record Aug. 10.
On April 16, PPG declared a dividend of 72 cents per share and approved a 2-for-1 stock split effective June 12. As a result of the stock split, eligible stockholders received a stock dividend on June 12 of one additional share of common stock for each share held. The total amount paid on two shares of stock per the dividend declared today will be equal to the dividend that was payable on one share of stock prior to the split.
This marks the company’s 468th consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899.
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and color, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.