PPG Industries (NYSE:PPG) has declared a quarterly cash dividend of $0.54 per share. The dividends will be payable on March 12 to shareholders of record as of February 19. This dividend is the company’s 446th consecutive dividend payment since 1899.
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The company held a conference call on Thursday, January 21 to review its fourth quarter earnings for fiscal 2009. The 33 minute presentation is available via webcast until January 14, 2011 on the company’s website, http://corporateportal.ppg.com/NA/CORP/InvestorCenter/News/Qtrl+Fin+Comment.htm. The conference call is also available as an MP3 download on the site.
PPG Industries, Inc. (PPG) is a global supplier of protective and decorative coatings. The Company operates in six segments: Performance Coatings, Industrial Coatings, Architectural Coatings, Optical and Specialty Materials, Commodity Chemicals and Glass. The Performance Coatings, Industrial Coatings and Architectural Coatings segments supply protective and decorative finishes for customers in a range of end use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment, and other industrial and consumer products. In July 2008, the Company acquired Vanex, Inc. In September 2008, PPG acquired the automotive refinish coatings business of the Bonny Coating-Made Co., Ltd. (Bonny), in Guangzhou, China. The business will operate as an indirect subsidiary of PPG. On January 2, 2008, PPG completed the acquisition of SigmaKalon Group, a coatings producer based
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