PPG Industries, Inc. (PPG): Dividends Since 1899 (& More Growth Ahead)

In addition, most of PPG’s Return on Capital parameters have been much better than its industry median, its sector median and the S&P 500 median as shown in the table below.

Source: Portfolio123

Final Thoughts

PPG Industries, Inc. (NYSE:PPG) has recorded substantial growth in the last few years, and I see continued high growth prospects for the company.

PPG is a global leader in the growing coating industry, and it is a leader in a range of high-growth, high-margin coatings businesses

The company ranks in the Top 30 high quality dividend stocks using The 8 Rules of Dividend Investing, but several Dividend Aristocrats rank higher. Click here to download a list of the Top 10 Dividend Aristocrats using The 8 Rules.

The company recently raised its dividend by 11%, it generates strong free cash flow and returns substantial capital to its shareholders by stock buybacks and dividend payments. Moreover, the company reaffirmed its commitment to sustainable dividend increases as an integral part of its capital allocation strategy.

All these factors bring me to the conclusion that PPG’s stock is a smart long-term investment.

Disclosure: This article is originally published by Arie Goren at Sure Dividend.