PPG Industries, Inc. (PPG) Raises Quarterly Dividend 9.8% to $0.67; 1.4% Yield

PPG Industries, Inc. (NYSE: PPG) declared a quarterly dividend of $0.67 per share, or $2.68 annualized. This is a 9.8% increase from the prior dividend of $0.61.

The dividend will be payable on June 12, 2014, to stockholders of record on May 12, 2014, with an ex-dividend date of May 8, 2014.

The annual yield on the dividend is 1.4 percent.

“We remain extremely proud of our long dividend heritage,” said Charles E. Bunch, chairman and chief executive officer. “Delivering sustainable dividend increases for the benefit of our shareholders remains an integral part of our balanced cash-deployment strategy. The 10-percent increase in our per-share dividend is a reflection of the company’s continuing strong growth and cash-generation prospects.”

For a dividend history and other dividend-related data on PPG Industries, Inc. (PPG) click here.

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