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A Guide to PPG Industries Stocks

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Looking for information about PPG Industries Inc. and its dividend payout, including the answers to “What is PPG?” and “What is PPG paint?” You’ve come to the right place. By the time you reach the end of this article, you will have a solid understanding of PPG stocks. PPG Industries Inc. is a Dividend King that has the ability to increase its payout for the next 50 years – big news for risk-averse income investors.


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It is very possible that you are currently using dozens of PPG products, possibly even as you read this article. The company makes paints and coatings that range from acrylic for the home hobbyist to industrial paints, coatings and sealants for machinery, electronics and glass.

PPG Industries has been able to maintain a high level of growth despite economic headwinds that threaten global activity. In addition, the company has been able to offset the effects of inflation and maintain earnings growth. What all this means for investors is that the dividend payment is safe and the prospects for the growth of the distribution are intact. Let’s delve into the pros and cons of investing in PPG stocks, possibly as part of a how to build a large dividend portfolio?.

What is PPG Industries?

PPG Industries began in 1883 as the Pittsburgh Plate Glass Company. The company quickly became the first commercially viable flat glass producer and expanded rapidly. By 1900 there were 10 factories in operation and the expansion to other materials had already begun. At the time, the Pittsburgh Plate Glass Company was the nation’s second-largest paint producer and sparked the natural gas revolution.

The company expanded into automotive coatings in 1928 and went international in the 1980s with the acquisition of operations in Spain. Since then, a series of acquisitions has resulted in what is now the world’s largest producer of paints and coatings. The company has 150 factories in more than 70 countries, including PPG Industrial Coatings Inc., and serves virtually every industry and sector.

PPG Industries’ global headquarters is still located in Pittsburgh, Pennsylvania. The historic One PPG Place, a landmark structure completely enclosed by sheet glass, employs more than 50,000 people and had net sales of $16.8 billion in 2021. The company is ranked 218th on the Fortune 500 list.

Is PPG a good stock to buy?

PPG Industries Inc. has been able to maintain revenue and earnings growth in the post-pandemic world, but growth is slowing. The company’s second quarter 2022 earnings report came with a forecast that was lower than analyst consensus expectations, but still a growth forecast. Volume sales are expected to remain flat in the last quarter of 2022, but will be offset by price increases. In this light, revenue growth should be in the high single digit to low double digits and there should be earnings growth as well.

Longer term, the company faces headwinds that could limit growth in 2023, but the fundamentals are in place to support growth further. The rise in inflation and the Federal Open Market Committee’s interest rate policy could trigger a global recession in 2023 – a major risk for the company. The most important point for investors to remember is that this company has increased its dividend for the past 49 consecutive years and it still has a very strong balance sheet. This means that the company has endured numerous recessions and economic upheavals and has come back stronger.

How safe is PPG stock?

PPG Industries is one of the safer high-yield dividend stocks available to investors today. The company’s long track record of paying dividends and increase in distributions provides not only returns on capital for investors, but also an increasing annual return on investment that can help offset the impact of inflation.

In addition, stocks such as PPG Industries, which have a track record of paying dividends and distribution increases, are attracting more buy-and-hold investors. This means that there is above-average institutional interest and above-average interests among income funds and individual investors. In the case of PPG Industries, this means an institutional interest of more than 80% and government participations that make up almost all of the remaining part.

PPG Industries also has a strong balance sheet.

PPG Stock Market Position and Price Forecast

PPG Industries’ stock price has pulled back from its post-pandemic highs, but it looks like it’s bottoming out. The price action has bounced back from the $110 level several times, coinciding with a key price zone from before and during the pandemic meltdown. If the market can keep up with the current move, the stock price should climb towards the $135 level before major resistance develops. If the market can rise above this level, a reversal in action could follow and the stock could rise further. If not, PPG Industries stock could move near recent lows for the remainder of 2022. A decline below the $110 level is not expected, but it could happen. If so, the next support target is in the $90 to $100 range.

What Analysts Are Saying About PPG Stocks

Analysts see value in PPG Industries despite lowering company expectations. The cut sparked a massive round of analyst activity that pushed the consensus price target lower and bolstered sentiment. The 22 analysts with comments less than a year old (most updated in October 2022) have pegged the stock to a “hold/moderate buy”, which is higher than the “hold” rating issued in the previous quarter . However, the $137 consensus price target has fallen in the 12, three and one month comparisons, but still offers about 20% of the upside potential when stocks trade near the $110 support level.

How to invest in PPG stocks

See a brief description of how investors interested in PPG Industries can invest in PPG stocks.

Step 1: Evaluate whether PPG stocks are right for you.

The first step to investing in PPG Industries is deciding whether the stock is right for you. That is a decision that can only be made by individual investors and that should include the impact of the stock on portfolio diversification, total return and risk profile. If the stock is good, there are two ways to buy it: by direct investment or by buying through a broker.

Step 2: Consider direct investment and dividend reinvestment.

Direct investment in PPG Industries means contacting the company’s registered agent and purchasing stock directly from the company. In this case, investors can make monthly purchases and are also eligible for the dividend reinvestment program. The dividend reinvestment program pays dividends in the form of stocks, which can help compound the return on investment.

Step 3: Buy the stock through a broker.

If you already have a brokerage account or are not interested in the dividend reinvestment program, you can also buy the shares through a brokerage account. In this case, you are a beneficial shareholder and you are eligible for dividends, but the shares are in the name of the brokerage.

PPG Industries can work in your favor

The shares of PPG Industries are not without risks, but the risks do not outweigh the benefits. The company is a leader in its field and on track for long-term global growth. It is a dividend king, making it one of the best dividend stocks of all time. In this light, investors may face declines in stock prices in the short term, but these will be offset by dividends, dividend growth and long-term capital appreciation.
Learn more: Dividend Kings vs. Aristocrats

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