PPG Industries (PPG) Declares 67c Quarterly Dividend

NEW YORK (TheStreet) -- PPG Industries PPG declared a quarterly dividend of 67 cents a share Thursday.

Shares of PPG were gaining 0.6% to $207.09.

The dividend is in line with the company's previous. The quarterly dividend is payable on Sept. 12 to all shareholders of record as of the close of business on Aug. 11. The ex-dividend date is Aug. 7.

Must read: Warren Buffett's 25 Favorite Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings team rates PPG INDUSTRIES INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate PPG INDUSTRIES INC (PPG) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

PPG ChartPPG data by YCharts

 

TheStreet's Julia Sun has details on PPG's latest quarterly report:


WATCH: More market update videos on TheStreet TV

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

If you liked this article you might like

Akzo Nobel Shares Dip on Profit Warning Ahead of Shareholder Meeting

Ford Has a Key Issue That Overshadows Lift from Harvey Victims Buying New Cars

Dangerous Assumptions on Hurricane Harvey

Dangerous Assumptions on Hurricane Harvey