PPG Industries Dividend
Dividend criteria checks 4/6
PPG Industries is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Last payment was on 12th December, 2022 with an ex-dividend date of 9th November, 2022.
Key information
2.1%
Dividend yield
53%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | 12 Dec 22 |
Ex dividend date | 09 Nov 22 |
Dividend per share | n/a |
Earnings per share | €4.50 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPQ's dividends per share have been stable in the past 10 years.
Growing Dividend: PPQ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
PPG Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PPQ) | 2.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Chemicals) | 5.0% |
Analyst forecast in 3 Years (PPQ) | 2.3% |
Notable Dividend: PPQ's dividend (2.15%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: PPQ's dividend (2.15%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.5%), PPQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (186.2%), PPQ's dividend payments are not well covered by cash flows.