The Board of Directors of PPG Industries announced 18 Jan, that it had raised the quarterly dividend on the company's common stock to 50 cents/share (48c), payable 12 March to shareholders of record 16 February. PPG has raised annual dividend payments every year since 1972 & has paid dividends without interruption since 1899. "This dividend increase is a reflection of both the company's growth & its consistent cash generation," said Charles E. Bunch, PPG chairman & CEO. "We are very proud to continue our long heritage of rewarding shareholders with increasing dividend payments."
Origin
Unknown
Journal Title
Glassonline 24 Jan/07
Sector
News Items
Class
N 2038