PPG Industries Dividend yield

PPG Industries is part of Chemicals business, which is part of Basic Materials industry. PPG Industries is a company from USA, and his stocks are publicly traded.

PPG Industries stock dividend

PPG Industries paid a total dividend of 609 million USD last year, for a market value of 33,314 millions (Market Cap 33,214 millions). PPG Industries dividend per share is 2.59 USD, and his stock market price 141.76 USD.

According to the chart below, where dividend yield is displayed, PPG Industries has a dividend yield of 1.83%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare PPG Industries stocks dividend with other Chemicals companies or other of the high USA dividend stocks list.

PPG Industries Dividend Payout

About the ability of PPG Industries to maintain his current dividend of USD 2.59 per share, an amount that accounts for 1.83%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PPG Industries payout on ernings is currently 51.19%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that PPG Industries can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of PPG Industries is USD 4.09 per share, which is higher than the dividend per share paid by the company of USD 2.59, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of PPG Industries, compared againt world market average, USA companies, Basic Materials industry and Chemicals sector companies.

PPG Industries Dividend History

Below you will find a table with the historical evolution of PPG Industries's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	1.83%	2.59	51.19%	235
2022	1.97%	2.48	36.31%	236
2021	1.37%	2.36	46.83%	237
2020	1.50%	2.16	36.99%	236
2019	1.53%	2.04	32.69%	236
2018	1.88%	1.92	27.23%	242
2017	1.54%	1.80	46.27%	256
2016	1.67%	1.60	27.68%	267
2015	1.36%	1.44	17.56%	271

*In millions

Then you can see the evolution of PPG Industries dividend stock, and compare it with the average of USA stocks and that of the Chemicals stocks.

PPG Industries Stock performance

Finally, last moth PPG Industries showed a return of -1.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 11.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Chemicals firms.