PPG Industries Raises Quarterly Dividend by 5.9% to 54 Cents
July 16 2020 - 1:38PM
Dow Jones News
By Colin Kellaher
PPG Industries Inc. on Thursday said its board raised the
quarterly dividend by 5.9% to 54 cents from 51 cents.
The new payout, equal to $2.16 a year, represents an annual
yield of about 1.87% based on Wednesday's closing price of $115.62,
up from about 1.76%.
The Pittsburgh paint maker said the increased dividend is
payable Sept. 11 to shareholders of record on Aug. 10.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 16, 2020 13:23 ET (17:23 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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