UPDATE: JPMorgan Downgrades PPG Industries (PPG) to Neutral
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PPG Directors Announce Quarterly Dividend of 59 Cents Per Share; 2021 to Mark 50 Consecutive Years of Annual Dividend Increases
October 21, 2021 4:15 PM EDTPITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of PPG (NYSE: PPG) today declared a regular quarterly dividend of 59 cents per share, payable Dec. 10 to shareholders of record Nov. 10.
This payment will mark 50 consecutive years of annual increases in the companys dividend, and is the 493rd consecutive dividend payment.... More
PPG Earns Prestigious R&D 100 Recognition for Paint, Coatings Technologies
October 21, 2021 3:21 PM EDTPITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today announced that three of its innovative coatings technologies have earned 2021 R&® 100 Awards: PPG BFP-SE Battery Fire Protection, PPG ENVIROCRON Extreme Protection thermally conductive powder coatings, and PPG HI-TEMP® 1027 HD coating.
At PPG, our global science and technology team works tirelessly to provide value-added solutions to our customers, said David Bem, PPG vice president, science and technology, and chief technology officer. Leveraging our expertise across industries combined with our constant pursuit to help our customers enables our organization to be an industry-leader in innovation. We are... More
PPG Reports Third Quarter 2021 Financial Results
October 20, 2021 4:15 PM EDTRecord third quarter net sales of nearly $4.4 billion, about 19% higher than prior year Organic sales growth led by higher selling prices of nearly 6% Reported earnings per diluted share (EPS) of $1.43 and adjusted EPS of $1.69 Increased supply disruptions negatively impacted sales and manufacturing costs Raw material cost inflation of about 25% year-over-year Plan to execute share repurchases in the fourth quarter; continue to evaluate potential bolt-on acquisitions
PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported financial results for the third quarter 2021.
Third Quarter Consolidated... More
