PPG directors announce dividend of 53 cents per sharePITTSBURGH, April 16, 2009 –
The board of directors of PPG Industries (NYSE:PPG) today declared a regular quarterly dividend of 53 cents per share, payable June 12 to shareholders of record May 11.
“Our long heritage of dividend payments, despite economic conditions, signifies the value we place in returning cash to shareholders in this manner,” 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, optical products, specialty materials, chemicals, glass and fiber glass. The company has more than 140 manufacturing facilities and equity affiliates and operates in more than 60 countries. Sales in 2008 were $15.8 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com
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