
PPG Industries, Inc.
PPG42 yrs growthBasic Materials · Specialty Chemicals · Stock · quarterly payer
Forward Yield
2.69%
Annual Dividend
$2.96
Payout Ratio
41%
5-Yr Growth
5.8%
Ex-Date
Nov 10, 2026
Frequency
Quarterly
Key facts about PPG's dividend
Data as of · Source: SmarterDividends data
- As of Oct 28, 2026, PPG Industries, Inc. (PPG) has a forward dividend yield of 2.69%, based on an annual dividend of $2.96 per share and a share price of $113.44.
- As of Oct 28, 2026, PPG's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, PPG Industries, Inc. (PPG) has raised its dividend for 42 consecutive years as of Oct 28, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- PPG has never cut its regular dividend in the payment history SmarterDividends has on record.
- PPG's next ex-dividend date is Nov 10, 2026, with payment on Dec 11, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 28, 2026, PPG pays out 41% of its trailing 12-month earnings as dividends (its payout ratio).
- PPG's dividend has grown at an average rate of 5.8% a year over the past five years.
- As of Oct 28, 2026, PPG's 2.69% yield is 37% above its five-year average yield of 1.96%.
- As of Oct 28, 2026, SmarterDividends' blended fair-value estimate for PPG is $97.54 per share, 14% below the $113.44 share price, so PPG screens as fairly valued.
- PPG Industries, Inc. (PPG) pays its dividend quarterly, 4 times a year.
- PPG Industries, Inc. (PPG) has raised its regular dividend 49 times and cut it 0 times across the 174 payments on record since 1983. Its most recent change was a 4.2% increase to $0.740 per share, going ex-dividend on Aug 10, 2026.
- PPG Industries (PPG) has declared its first higher dividend of the year in July in 5 of the last 5 years; its most recent raise, 4.2%, was declared on Jul 16, 2026.
Cite this page
SmarterDividends, "PPG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 28, 2026, https://smarterdividends.com/stocks/PPG
Summary
As of Oct 28, 2026, PPG Industries, Inc. (PPG) yields 2.69% ($2.96 a year per share), has a dividend safety grade of A (92/100) and has 42 consecutive years of dividend increases on record.
Is PPG a good dividend stock?
YesPPG Industries, Inc. (PPG) pays a quarterly dividend yielding 2.69% ($2.96/yr), with 42 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 42 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (41%)
- Strong 5.8% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.69%
- Payout Ratio
- 41%
- Annual Dividend
- $2.96
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- Nov 10, 2026
- Years of Growth
- 42
- Frequency
- quarterly
- Beta
- 1.05
- Market Cap
- $25.2B
- P/E Ratio
- 16.3
- 5-Yr Total Return
- -28%
- 52-Week Range
- $93.39 – $133.43
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
PPG dividend raises and cuts
PPG Industries, Inc. (PPG) has raised its regular dividend 49 times and cut it 0 times across the 174 payments on record since 1983. Its most recent change was a 4.2% increase to $0.740 per share, going ex-dividend on Aug 10, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 10, 2026 | Raise | $0.710 → $0.740 | +4.2% |
| Aug 11, 2025 | Raise | $0.680 → $0.710 | +4.4% |
| Aug 12, 2024 | Raise | $0.650 → $0.680 | +4.6% |
| Aug 9, 2023 | Raise | $0.620 → $0.650 | +4.8% |
| Aug 9, 2022 | Raise | $0.590 → $0.620 | +5.1% |
| Aug 9, 2021 | Raise | $0.540 → $0.590 | +9.3% |
| Aug 7, 2020 | Raise | $0.510 → $0.540 | +5.9% |
| Aug 9, 2019 | Raise | $0.480 → $0.510 | +6.3% |
| Aug 9, 2018 | Raise | $0.450 → $0.480 | +6.7% |
| Aug 8, 2017 | Raise | $0.400 → $0.450 | +12.5% |
| May 6, 2016 | Raise | $0.360 → $0.400 | +11.1% |
| May 7, 2015 | Raise | $0.335 → $0.360 | +7.5% |
Show all 49 changes since 1983
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 8, 2014 | Raise | $0.305 → $0.335 | +9.8% |
| May 8, 2013 | Raise | $0.295 → $0.305 | +3.4% |
| May 8, 2012 | Raise | $0.285 → $0.295 | +3.5% |
| May 6, 2011 | Raise | $0.275 → $0.285 | +3.6% |
| Aug 6, 2010 | Raise | $0.270 → $0.275 | +1.9% |
| Nov 6, 2009 | Raise | $0.265 → $0.270 | +1.9% |
| Nov 6, 2008 | Raise | $0.260 → $0.265 | +1.9% |
| Aug 8, 2007 | Raise | $0.250 → $0.260 | +4.0% |
| Feb 14, 2007 | Raise | $0.240 → $0.250 | +4.2% |
| May 8, 2006 | Raise | $0.235 → $0.240 | +2.1% |
| May 6, 2005 | Raise | $0.225 → $0.235 | +4.4% |
| May 6, 2004 | Raise | $0.220 → $0.225 | +2.3% |
| Nov 6, 2003 | Raise | $0.215 → $0.220 | +2.3% |
| Nov 7, 2002 | Raise | $0.210 → $0.215 | +2.4% |
| Feb 15, 2001 | Raise | $0.200 → $0.210 | +5.0% |
| Feb 17, 2000 | Raise | $0.190 → $0.200 | +5.3% |
| Feb 11, 1999 | Raise | $0.180 → $0.190 | +5.6% |
| May 7, 1998 | Raise | $0.170 → $0.180 | +5.9% |
| Nov 6, 1997 | Raise | $0.165 → $0.170 | +3.0% |
| Feb 13, 1997 | Raise | $0.160 → $0.165 | +3.1% |
| May 8, 1996 | Raise | $0.150 → $0.160 | +6.7% |
| Aug 8, 1995 | Raise | $0.145 → $0.150 | +3.4% |
| Nov 4, 1994 | Raise | $0.140 → $0.145 | +3.6% |
| May 4, 1994 | Raise | $0.135 → $0.140 | +3.7% |
| Aug 4, 1993 | Raise | $0.125 → $0.135 | +8.0% |
| Nov 4, 1992 | Raise | $0.115 → $0.125 | +8.7% |
| Nov 5, 1991 | Raise | $0.105 → $0.115 | +9.5% |
| May 4, 1990 | Raise | $0.0950 → $0.105 | +10.5% |
| May 4, 1989 | Raise | $0.0850 → $0.0950 | +11.8% |
| Aug 4, 1988 | Raise | $0.0750 → $0.0850 | +13.3% |
| Nov 4, 1987 | Raise | $0.0675 → $0.0750 | +11.1% |
| Feb 10, 1987 | Raise | $0.0600 → $0.0675 | +12.5% |
| May 6, 1986 | Raise | $0.0550 → $0.0600 | +9.1% |
| Nov 5, 1985 | Raise | $0.0500 → $0.0550 | +10.0% |
| Feb 11, 1985 | Raise | $0.0450 → $0.0500 | +11.1% |
| May 4, 1984 | Raise | $0.0400 → $0.0450 | +12.5% |
| Aug 4, 1983 | Raise | $0.0369 → $0.0400 | +8.5% |
Frequently Asked Questions
Is PPG a good dividend stock?
Yes. PPG Industries, Inc. (PPG) pays a quarterly dividend yielding 2.69% ($2.96/yr), with 42 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is PPG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PPG's fair value is about $97.54 versus a $113.44 share price — so it looks fairly valued (-14% vs. fair value).
Is PPG's dividend safe?
PPG has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 42-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is PPG's fair value?
Our blended fair-value estimate for PPG is about $97.54 per share, about 14% below the current $113.44 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is PPG a buy, hold, or sell?
We don't issue formal ratings, but on the data PPG screens as "yes" and fairly valued. PPG Industries, Inc. (PPG) pays a quarterly dividend yielding 2.69% ($2.96/yr), with 42 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will PPG cut its dividend?
PPG earns a dividend-safety grade of A (92/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does PPG pay a dividend?
Yes. PPG Industries, Inc. pays a quarterly dividend of about $2.96 per share annually, a forward yield of roughly 2.69%.
What is PPG's dividend yield?
As of Oct 28, 2026, PPG's forward dividend yield is 2.69%, based on a $2.96 annual dividend and a $113.44 share price.
What is PPG's dividend per share?
As of Oct 28, 2026, PPG pays $2.96 per share per year, distributed on a quarterly basis.
What is PPG's dividend payout ratio?
As of Oct 28, 2026, PPG's payout ratio is 41% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has PPG grown its dividend?
As of Oct 28, 2026, PPG has increased its dividend for 42 consecutive years.
When is the next PPG ex-dividend date?
As of Oct 28, 2026, the next ex-dividend date on record for PPG is Nov 10, 2026.
PPG Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
-22%
5 Years
-28%
52-Week Range
$93.39 – $133.43
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PPG worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for PPG Industries, Inc. is $97.54 per share, versus a market price of $113.44. That implies the stock is roughly fairly priced.
Fair Value
$97.54
Current Price
$113.44
Gap
-14%
Margin of Safety
-16%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.8% annual free-cash-flow growth. We model 8.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.6% discount rate (CAPM), 8.5% growth for five years fading to 2.5% over the next five, $6.81 EPS, $2.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PPG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full PPG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | Sep 11, 2026 | $0.7400 | regular |
| May 11, 2026 | Jun 12, 2026 | $0.7100 | regular |
| Feb 20, 2026 | Mar 12, 2026 | $0.7100 | regular |
| Nov 10, 2025 | Dec 12, 2025 | $0.7100 | regular |
| Aug 11, 2025 | Sep 12, 2025 | $0.7100 | regular |
| May 12, 2025 | Jun 12, 2025 | $0.6800 | regular |
| Feb 21, 2025 | Mar 12, 2025 | $0.6800 | regular |
| Nov 12, 2024 | Dec 12, 2024 | $0.6800 | regular |
| Aug 12, 2024 | Sep 12, 2024 | $0.6800 | regular |
| May 9, 2024 | Jun 12, 2024 | $0.6500 | regular |
| Feb 15, 2024 | Mar 12, 2024 | $0.6500 | regular |
| Nov 9, 2023 | Dec 12, 2023 | $0.6500 | regular |
| Aug 9, 2023 | Sep 12, 2023 | $0.6500 | regular |
| May 9, 2023 | Jun 12, 2023 | $0.6200 | regular |
Income Calculator
At $2.96 / yr per share
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