PPG Industries, Inc. (PPG) Ex-Dividend Date Scheduled for May 08, 2013


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PPG Industries, Inc. ( PPG ) will begin trading ex-dividend on May 08, 2013. A cash dividend payment of $0.61 per share is scheduled to be paid on June 12, 2013. Shareholders who purchased PPG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.39% increase over the prior quarter. At the current stock price of $151.76, the dividend yield is 1.61%.

The previous trading day's last sale of PPG was $151.76, representing a -0.54% decrease from the 52 week high of $152.58 and a 56.88% increase over the 52 week low of $96.74.

PPG is a part of the Basic Industries sector, which includes companies such as Valspar Corporation ( VAL ) and RPM International Inc. ( RPM ). PPG's current earnings per share, an indicator of a company's profitability, is $22.29. Zacks Investment Research reports PPG's forecasted earnings growth in 2013 as -.96%, compared to an industry average of 5.3%.

For more information on the declaration, record and payment dates, visit the PPG Dividend History page.

Interested in gaining exposure to PPG through an Exchange Traded Fund [ETF]?
The following ETF(s) have PPG as a top-10 holding:

  • iShares Dow Jones U.S. Basic Materials Index ( IYM )
  • Select Sector SPDR Fund - Basic Industries ( XLB )
  • Guggenheim S&P 500 Equal Weight Materials ETF ( RTM )
  • Vanguard Mega Cap Value ETF ( MGV )
  • First Trust Materials AlphaDEX Fund ( FXZ ).

The top-performing ETF of this group is MGV with an increase of 14.43% over the last 100 days. IYM has the highest percent weighting of PPG at 4.07%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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