MLM vs PPG: Dividend Yield, Growth & Safety Comparison
Martin Marietta Materials Inc (MLM) and Ppg Industries Inc (PPG) are both in the Materials sector, making them natural rivals for dividend investors. PPG offers a significantly higher 2.15% yield compared to MLM's 0.46%, a gap of 1.70%. Both stocks carry a "Safe" dividend safety rating. PPG is a Dividend Aristocrat with 42 years of consecutive increases.
Key Metrics Comparison
| Metric | MLM | PPG |
|---|
| Dividend Yield | 0.46% | 2.15% |
| Annual Dividend | $3.32 | $2.78 |
| 5-Year CAGR | N/A | 5.3% |
| Payout Ratio | 16% | 40% |
| Consecutive Years | N/A | 42 |
| Price | $680.12 | $131.33 |
Yield Comparison
Ppg Industries Inc (PPG) currently yields 2.15%, which is solid for the broader market. That's 1.70% more than Martin Marietta Materials Inc (MLM), which yields 0.46%. In dollar terms, PPG pays $2.78/share annually versus MLM's $3.32/share.
Dividend Growth
PPG has a 5-year dividend CAGR of 5.3%. Growth data is not available for MLM. PPG: Dividend growth is slowing — the 3-year CAGR of 4.6% trails the 5-year rate of 5.3% and the 10-year rate of 6.6%.
Dividend Safety
MLM's dividend safety is rated "Safe." The payout ratio of 16% is well within sustainable levels, leaving room for future increases. PPG's dividend safety is rated "Safe." The payout ratio of 40% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.5x. MLM's payout ratio of 16% is more conservative than PPG's 40%, suggesting more room for future increases.
Income Comparison
A $10,000 investment in PPG generates approximately $215/year in dividend income, compared to $46/year from MLM — a difference of $169/year. At $100,000, that gap widens to $1690/year.
Verdict
- Best for income: PPG
- Best for safety: MLM
Frequently Asked Questions
Which has a higher dividend yield, MLM or PPG?
Ppg Industries Inc (PPG) has a higher dividend yield of 2.15% compared to Martin Marietta Materials Inc (MLM) at 0.46%.
Which is safer for dividend income, MLM or PPG?
Martin Marietta Materials Inc's dividend safety is rated "Safe" while Ppg Industries Inc is rated "Safe." The payout ratio of 16% is well within sustainable levels, leaving room for future increases. The payout ratio of 40% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.5x.
How much income does $10,000 in MLM vs PPG generate?
A $10,000 investment in MLM generates approximately $46/year in dividends, while the same amount in PPG generates about $215/year.
Is MLM or PPG a Dividend Aristocrat?
Ppg Industries Inc is a Dividend Aristocrat with 42 consecutive years of increases. Martin Marietta Materials Inc does not currently qualify for aristocrat status.
Which has a lower payout ratio, MLM or PPG?
Martin Marietta Materials Inc has a lower payout ratio of 16% compared to Ppg Industries Inc's 40%. A lower payout ratio generally indicates more room for dividend growth and better sustainability.
MLM vs PPG: which is better for retirement income?
It depends on your priorities. PPG for current income, MLM for safety. Many retirement investors hold both for diversification.
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