PPG Board Approves 3-Cent Increase In Quarterly Dividend From $0.65 To $0.68 Cents Per Share; Payable September 12 To Shareholders Of Record August 12
Portfolio Pulse from Benzinga Newsdesk
PPG Industries' board has approved a 3-cent increase in its quarterly dividend, raising it from $0.65 to $0.68 per share. The dividend is payable on September 12 to shareholders of record as of August 12.
July 18, 2024 | 2:01 pm
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POSITIVE IMPACT
PPG Industries has announced a 3-cent increase in its quarterly dividend, raising it from $0.65 to $0.68 per share. This move is likely to be seen positively by investors, as it reflects the company's confidence in its financial stability and commitment to returning value to shareholders.
The increase in the dividend indicates PPG's strong financial health and commitment to shareholder returns, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100