PPG raises quarterly dividend 4.23% to $0.74 per share

PPG (NYSE: PPG) has announced a quarterly dividend increase of 4.23%, raising the payout to $0.7400 per share from the previous $0.7100. The new dividend is payable to shareholders of record as of the ex-dividend date of 2026-08-10.

The numbers

The increase brings PPG's trailing twelve-month (TTM) dividend per share to $2.8700, resulting in a TTM yield of 2.49% based on the current stock price of $115.48. This marks the 42nd consecutive year of dividend increases, with a 5-year compound annual growth rate (CAGR) of 5.8%. Recent quarterly payments have been $0.68 (May 2025), $0.71 (Aug 2025), $0.71 (Nov 2025), $0.71 (Feb 2026), and $0.71 (May 2026), before this raise to $0.74.

What it means for income investors

For an investor holding 100 shares, the new quarterly dividend translates to an additional $3.00 per quarter compared to the previous rate, or $12.00 annually. This increase reinforces PPG's commitment to returning capital to shareholders, supported by its long track record of consistent dividend growth. Investors can review the full dividend history for more details.

Reporting based on: DividendSmart market data. Figures verified against market data where available.