PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 51 cents per share, payable June 12 to shareholders of record May 11.
“We have paid our shareholders dividends for 121 consecutive years, including 48 years of annual per share increases,” said Michael H. McGarry, PPG chairman and chief executive officer. “Our ability to maintain this longevity reflects the strong cash flow characteristics of our company, the variable nature of our cost structure, and our Board’s unwavering commitment to rewarding our shareholders.”
This marks the company’s 487th consecutive dividend payment. Through ongoing dedication and expertise 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 more than 135 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 $15.1 billion in 2019. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.
We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.