PPG Industries is a dividend paying company with a current yield of 1.99% that is well covered by earnings. Next payment date is on 12th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
2.0%
Dividend yield
43%
Payout ratio
Industry average yield
11.1%
Next dividend pay date
12 Jun 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
Mex$5.97
Dividend yield forecast in 3Y
2.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPG *'s dividends per share have been stable in the past 10 years.
Growing Dividend: PPG *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
PPG Industries Dividend Yield vs Market
How does PPG * dividend yield compare to the market?
Segment
Dividend Yield
Company (PPG *)
2.0%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Chemicals)
11.1%
Analyst forecast in 3 Years (PPG *)
2.3%
Notable Dividend: PPG *'s dividend (1.99%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: PPG *'s dividend (1.99%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.1%), PPG *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.7%), PPG *'s dividend payments are well covered by cash flows.