PPG directors announce dividend

The board of directors of PPG Industries on 16 January 2009 declared a regular quarterly dividend of USD 0.53 a share, payable 12 March 2009 to shareholders of record 20 February.
“Our long legacy of…

The board of directors of PPG Industries on 16 January 2009 declared a regular quarterly dividend of USD 0.53 a share, payable 12 March 2009 to shareholders of record 20 February. “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 on 17 October 2008.