The new annual rate of $2.96 per share provides a yield of approximately 2.5%, calculated against Thursday’s closing price of $118.15. This adjustment marks a steady climb from the previous 71-cent quarterly payment, continuing a streak of shareholder returns that spans over half a century.
In section Market Quotes
PPG Industries Marks 55 Years of Dividend Growth
Fifty-five consecutive years of payout hikes have cemented PPG Industries’ status among the market’s most reliable income generators. The Pittsburgh-based paint manufacturer confirmed a 4.2% dividend increase this week, pushing its quarterly distribution to 74 cents per share and reinforcing its position within the elite Dividend Aristocrats index.
Beyond the S&P 500 Dividend Aristocrats—a group requiring at least 25 years of consecutive increases—the company remains part of the exclusive "dividend kings" cohort. According to data from Sure Dividend, PPG is one of only 58 companies to maintain such a record for 50 years or longer. Shareholders of record as of August 10 will receive the enhanced payment when it becomes payable on September 11.
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