PPG Industries (PPG): A Strong Contender in Materials Dividends for Income Investors

PPG Industries, Inc. (NYSE:PPG) is included among the 13 Best Materials Dividend Stocks to Buy Right Now.

PPG Industries (PPG): A Strong Contender in Materials Dividends for Income Investors

A close-up of an artist carefully applying a coat of paint to a wood structure.

PPG Industries, Inc. (NYSE:PPG) supplies its customers with paints, coatings, and specialized materials. The company provides products and services to customers across the construction, consumer goods, industrial, transportation, and aftermarket sectors.

PPG Industries, Inc. (NYSE:PPG) reported strong results in its recently announced Q2 2025 earnings. The company posted a 2% organic sales growth, driven equally by higher sales volumes and increased selling prices. This growth highlighted the strength of the company’s product portfolio and effective commercial strategies across its global operations, even as the broader economic environment remained dynamic. The Performance Coatings segment posted record quarterly sales and earnings, with a 6% rise in organic sales supported by strong demand for its advanced technology offerings. In the Industrial Coatings segment, sales volumes held steady after several quarters of decline, reflecting early gains in market share.

PPG Industries, Inc. (NYSE:PPG)’s cash position also remained strong. The company generated $369 million in operating cash flow and ended the quarter with $1.6 billion in cash and short-term investments. During the quarter, it returned $308 million to shareholders through dividends. PPG has been raising its dividends for 54 consecutive years and currently offers a quarterly dividend of $0.71 per share. With a dividend yield of 2.53%, as of July 29, PPG is among the best dividend stocks from the materials sector.

While we acknowledge the potential of PPG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PPG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Innovative Dividend Stocks to Buy Now and 10 Best and Safe Dividend Stocks to Buy Now

Disclosure: None.