I would avoid PPG Industries, Inc. (PPG) and explain why I would do so in my guest post at Dividend Power.
Investors relying on a steady stream of dividend income and who focus heavily on various dividend metrics will undoubtedly have a different opinion. Based on my goals, objectives, risk tolerance, and universe of potential investment opportunities, however, I can't see what would remotely prompt me to invest in this company.
Perhaps I have been asked to analyze it because it is a Dividend King having increased its dividend for 53 consecutive years. Maybe it is because the dividend declared on July 18 marks the company’s 504th consecutive dividend payment.
My outlook on PPG, however, is no different from my last analysis in this October 14, 2018 post.
In the universe of companies in which to potential invest my hard earned money, PPG does not have a remote possibility of exceeding the total average annual shareholder return over the long-term that can be generated by other companies that appeal to me.
I wish you much success on your journey to financial freedom!
Note: Please send any feedback, corrections, or questions to [email protected].
Disclosure: I do not have PPG exposure and have no intention of initiating a position.
Disclaimer: I do not know your circumstances and do not provide individualized advice or recommendations. I encourage you to make investment decisions by conducting your research and due diligence. Consult your financial advisor about your specific situation. I wrote this article myself and it expresses my own opinions. I do not receive compensation for it and have no business relationship with any company mentioned in this article.