PPG Industries (PPG) Declares $0.72 Quarterly Dividend; Board Approves Two-for-One Split

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Go back to PPG Industries (PPG) Declares $0.72 Quarterly Dividend; Board Approves Two-for-One Split

PPG Directors Increase Quarterly Dividend and Approve 2-for-1 Stock Split

April 16, 2015 8:32 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- The board of directors of PPG Industries (NYSE: PPG) today declared a regular quarterly dividend of 72 cents per share, payable June 12 to shareholders of record May 11. This marks the companys 467th consecutive dividend payment. PPGs previous dividend, paid in March, was 67 cents per share. The company has paid uninterrupted annual dividends since 1899.

PPG directors also approved a 2-for-1 split of the companys... More

PPG Reports Record First Quarter Sales and Earnings Per Share

April 16, 2015 8:11 AM EDT

Net sales up 8 percent in local currencies versus prior year Net sales increased 1 percent versus prior year including unfavorable foreign currency translation Adjusted earnings per diluted share from continuing operations of $2.37, up 20 percent year-over-year including unfavorable currency translation impacts Share repurchases totaled $200 million in the quarter Cash and short-term investments totaled approximately $1.2 billion at quarter-end Company announced second quarter restructuring charge to be focused on achievement of acquisition-related synergies and additional global productivity initiatives... More