PPG Directors Raise Dividend

The board of directors of PPG Industries declared a regular quarterly dividend of 52 cents a share, payable September 12 to shareholders of record August 10.

With this increase, PPG has raised its dividend more than 10 percent over the past 15 months, with two increases in the past six months alone,” said PPG Chairman and Chief Executive Officer Charles E.Bunch. “These increases are a reflection of our continued strong financial performance, as well as our commitment to provide continuing rewards to our shareholders.”

PPG announced an increased quarterly dividend of 50 cents a share from a previous 48 cents a share on January 18, 2007. Previously, the company announced a quarterly dividend increase to 48 cents a share from a prior 47 cents a share on April 20, 2006.

PPG has increased shareholder payments for 35 consecutive years, paying uninterrupted dividends since 1899.

600450 PPG Directors Raise Dividend glassonweb.com

See more news about:

Others also read

New STEM education facility at Carnegie Science Center targeted to open in 2018.
PPG has designed and produced windows for the Breakthrough Laminar Aircraft Demonstrator in Europe (BLADE), a Clean Sky Smart Fixed Wing Aircraft Integrated Technology Demonstrator (SFWA ITD).
PPG reaches agreement with Nippon Electric Glass for sale of remaining fiberglass operations.
PPG and Vision Systems have reached a commercial agreement to work together on developing new applications utilizing Vision Systems’ electronically dimmable window shading solutions for aircraft.
Annual conference for decorated glass and ceramics set for Pittsburgh, April 22-24.
$55 million investment to enable production of jumbo-sized energy-efficient glass

Add new comment