The paint and coatings maker raises its payout for the quarter, marking a 4.2% increase from the prior $0.71 dividend.
PPG Industries announced a 4.2% increase in its quarterly dividend to $0.74 per share, up from $0.71. The move reflects the company’s ongoing commitment to returning value to shareholders amid stable financial performance.
The new dividend yields 2.52% on a forward basis. The payout will be distributed on September 11 to shareholders of record as of August 10, with the ex-dividend date also set for August 10.
The increase follows a consistent pattern of dividend growth, aligning with PPG’s long-term capital allocation strategy.