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PPG directors announce dividend

Post Time:Jan 19,2009Classify:Company NewsView:347

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.

Source: PPG Industries Author: shangyi

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