PPG Industries: Acquisition Target? (PPG)
July 12th, 2008
PPG Industries (PPG) is being talked about, as the next potential chemical products play that gets snapped up in "Chemical Merger-Mania". It does operate in the attractive areas of aerospace and chemical specialty products. The company is also beginning to spread its wings in the solar wind-powered energy area, producing coatings for solar cells and windmills, as well as fiberglass for windmill blades. The company's dividend yield of 3.75% is attractive. For now, we are looking at names like Eastman Chemical (EMN) as stronger deal candidates. PPG Industries (PPG) is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system here
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