Dividend Growth of PPG Industries, Inc.(PPG)

PPG Industries(PPG) is having a Dividend Yield of 1.58% with the Annual cash Dividend per share of $1.56. The last quarter cash dividend per share pay out was $0.4. PPG Industries has a 5 year average dividend yield of 1.57% and the stock has a Indicated annual dividend of $1.6. PPG Industries(PPG) formally announced its most recent dividend on January 19, 2017 with a Dividend per share of $0.4. The new indicated annual dividend based on announced dividend per share is $1.6. The dividend yield based on the forward looking indicated annual dividend is 1.58%. PPG Industries(PPG) has the most recent dividend payout ratio of 0.27 with a 5-year average payout ratio of 0.28. The 5 year historical dividend growth of PPG Industries(PPG) is at the rate of 7.6% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

PPG Industries, Inc. (NYSE:PPG) rose 0.27% or 0.27 points on Thursday and made its way into the gainers of the day. After trading began at $101.8 the stock was seen hitting $101.99 as a peak level and $100.99 as the lowest level. The stock ended up at $101.77. The daily volume was measured at 878,930 shares. The 52-week high of the share price is $117 and the 52-week low is $89.64. The company has a market cap of $26,867 million. Shares of PPG Industries, Inc. rose by 2.04% in the last five trading days and 5.67% for the last 4 weeks. PPG Industries, Inc. is up 6.18% in the last 3-month period. Year-to-Date the stock performance stands at 7.82%.

Currently the company Insiders own 0.68% of PPG Industries, Inc. shares according to the proxy statements. Institutional Investors own 71.49% of PPG Industries, Inc. shares. Company has reported several Insider transactions to the SEC, on Aug 8, 2016, Timothy M Knavish (Sr. VP, Automotive Coatings) sold 9,300 shares at 104.08 per share price.On Jul 28, 2016, Viktoras R Sekmakas (Executive Vice President) sold 40,950 shares at 106.64 per share price.On Mar 1, 2016, Charles E Bunch (Executive Chairman of Board) sold 46,286 shares at 98.17 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PPG Industries was Downgraded by Susquehanna to Neutral on Jan 17, 2017. PPG Industries was Downgraded by Citigroup to Neutral on Jan 9, 2017. PPG Industries was Downgraded by RBC Capital Mkts on Dec 13, 2016 to Sector Perform, Lowers Price Target to $ 101 from a previous price target of $105 .

PPG Industries Last issued its quarterly earnings results on Jan 19, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.18. The company had revenue of $3500.00 million for the quarter, compared to analysts expectations of $3553.78 million. The companys revenue was down -5.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.23 EPS.

PPG Industries, Inc. is comprised of three following basic business segments: coatings, glass and chemicals. Areas in which resources have been focused are automotive original, refinish, industrial, aerospace, packaging, and architectural coatings; flat glass, automotive original and replacement glass, aircraft transparencies, continuous-strand fiber glass; and chlor-alkali and specialty chemicals.


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