PPG directors announce dividendPITTSBURGH, Jan. 16, 2009 –
The board of directors of PPG Industries (NYSE:PPG) yesterday declared a regular quarterly dividend of 53 cents a share, payable March 12 to shareholders of record Feb. 20.
“Our long legacy of paying and increasing dividends, despite economic conditions, truly reflects the value we place in consistently returning cash to shareholders,” said William H. Hernandez, PPG senior vice president, finance, and chief financial officer.
The company has increased its annual dividend payout for 37 consecutive years, paying uninterrupted annual dividends since 1899. PPG last announced a quarterly dividend increase Oct. 17, 2008.About PPG
Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com
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