PPG Industries hikes dividend for 45th consecutive year

-
PPG Industries (PPG) will raise its dividend by 11.1%.

Dividend Aristocrat PPG Industries will increase its quarterly dividend to $0.40 per share, marking 45 years of consecutive dividend increases.

“This 11-percent increase in our per-share quarterly dividend reaffirms PPG’s commitment to sustainable dividend increases as an integral part of our capital allocation strategy,” said Frank Sklarsky, PPG executive vice president and chief financial officer.

PPG Industries currently has an estimated dividend yield of 1.5%.

Recent posts on dividendtrackrecords.com

Pentair hikes dividend by 8.7%

-
Pentair (PNR) , a global water solutions company, has announced an 8.7% increase to its quarterly dividend, raising it to $0.25 per share. At the current stock price of $105.49, this results in a dividend yield of 0.85%. The company’s annual dividend payout now rises to $165 million.
Read more