PPG Industries, Inc. (NYSE:PPG) is included among the Top 15 Growth Stocks for Long-Term Investors.
PPG Industries, Inc. (NYSE:PPG) is a leading supplier of paints, coatings, and specialty materials, serving a wide range of industries including construction, consumer goods, industrial manufacturing, transportation, and aftermarket services.
In recent years, the company has invested billions in acquisitions to fuel its next phase of growth. While PPG Industries, Inc. (NYSE:PPG) aims to maintain a balanced capital allocation approach, it remains willing to make sizable acquisitions when the right opportunities arise. The company has also devoted a significant portion of its cash toward share repurchases, a move that has contributed meaningfully to its earnings-per-share growth over time.
Acquisitions have long been central to PPG Industries, Inc. (NYSE:PPG)’s expansion strategy, though they have also added to its debt levels. Today, the company operates almost entirely as a coatings-focused business, having moved away from its traditional glass and chemical operations. This transition has left the company with a streamlined coatings portfolio that has delivered stronger margins in recent years.
Due to these strategic shifts, PPG Industries, Inc. (NYSE:PPG) was able to maintain its dividend policy over the years. The company has been increasing its dividends for 54 consecutive years, which makes it one of the best dividend aristocrat stocks. With a quarterly dividend of $0.87 per share, PPG has a dividend yield of 2.88%, as of October 12.
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