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PPG Directors Announce Quarterly Dividend Increase to 55 Cents Per Share - The board of directors of PPG Industries (NYSE: PPG) today approved an increase in the company’s dividend, declaring a regular quarterly dividend of 55 cents per share, payable Sept. 10 to shareholders of record Aug. 10
PPG Directors Announce Quarterly Dividend Increase to 55 Cents Per Share

 

PRZOOM - /newswire/ - Pittsburgh, PA, United States, 2010/07/15 - The board of directors of PPG Industries (NYSE: PPG) today approved an increase in the company’s dividend, declaring a regular quarterly dividend of 55 cents per share, payable Sept. 10 to shareholders of record Aug. 10. NYSE: PPG

   
 
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“We are pleased to continue PPG's tradition of returning cash to our shareholders,” said Charles E. Bunch, PPG chairman and chief executive officer. “This marks our second quarterly dividend rate increase within a year and demonstrates the confidence we have in the strength and consistent cash generation of our global business portfolio.”

PPG’s prior quarterly dividend was 54 cents a share.

This marks the company’s 448th consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899.

About PPG

PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG (ppg.com) operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG).

Investors:
Vince Morales
PPG Investor Relations
P: 412-434-3740
E: vmorales[.]ppg.com.

 
 
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Agency / Source: PPG Industries, Inc.

 
 

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PPG Directors Announce Quarterly Dividend Increase to 55 Cents Per Share

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GGP News |
Contact: Jeremy Neuhart - PPG Corporate Comm. 
412-434-3046 neuhart[.]ppg.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PPG Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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