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PPG Industries: Acquisition Target? (PPG)

By Dividend.com Staff
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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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.