PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
PPL Dividend Announcement
• PPL announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-10
• PPL annual dividend for 2024 was $0.77
• PPL annual dividend for 2023 was $0.96
• PPL's trailing twelve-month (TTM) dividend yield is 3.77%
• PPL's payout ratio for the trailing twelve months (TTM) is 89.20%
• PPL's dividend growth over the last five years (2018-2023) was -10.16% year
• PPL's dividend growth over the last ten years (2013-2023) was -4.17% year
PPL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | $0.26 | quarterly | 2024-10-01 |
2024-06-10 | $0.26 | quarterly | 2024-07-01 |
2024-03-07 | $0.26 | quarterly | 2024-04-01 |
2023-12-07 | $0.24 | quarterly | 2024-01-02 |
2023-09-07 | $0.24 | quarterly | 2023-10-02 |
2023-06-08 | $0.24 | quarterly | 2023-07-03 |
2023-03-09 | $0.24 | quarterly | 2023-04-03 |
2022-12-08 | $0.23 | quarterly | 2023-01-03 |
2022-09-08 | $0.23 | quarterly | 2022-10-03 |
2022-06-17 | $0.23 | quarterly | 2022-07-01 |
2022-03-09 | $0.20 | quarterly | 2022-04-01 |
2021-12-09 | $0.41 | quarterly | 2022-01-03 |
2021-09-09 | $0.41 | quarterly | 2021-10-01 |
2021-06-09 | $0.41 | quarterly | 2021-07-01 |
2021-03-09 | $0.41 | quarterly | 2021-04-01 |
2020-12-09 | $0.41 | quarterly | 2021-01-04 |
2020-09-09 | $0.41 | quarterly | 2020-10-01 |
2020-06-09 | $0.41 | quarterly | 2020-07-01 |
2020-03-09 | $0.41 | quarterly | 2020-04-01 |
2019-12-09 | $0.41 | quarterly | 2020-01-02 |
2019-09-09 | $0.41 | quarterly | 2019-10-01 |
2019-06-07 | $0.41 | quarterly | 2019-07-01 |
2019-03-07 | $0.41 | quarterly | 2019-04-01 |
2018-12-07 | $0.41 | quarterly | 2019-01-02 |
2018-09-07 | $0.41 | quarterly | 2018-10-01 |
2018-06-07 | $0.41 | quarterly | 2018-07-02 |
2018-03-08 | $0.41 | quarterly | 2018-04-02 |
2017-12-07 | $0.40 | quarterly | 2018-01-02 |
2017-09-07 | $0.40 | quarterly | 2017-10-02 |
2017-06-07 | $0.40 | quarterly | 2017-07-03 |
2017-03-08 | $0.40 | quarterly | 2017-04-03 |
2016-12-07 | $0.38 | quarterly | 2017-01-03 |
2016-09-07 | $0.38 | quarterly | 2016-10-03 |
2016-06-08 | $0.38 | quarterly | 2016-07-01 |
2016-03-08 | $0.38 | quarterly | 2016-04-01 |
2015-12-08 | $0.38 | quarterly | 2016-01-04 |
2015-09-08 | $0.38 | quarterly | 2015-10-01 |
2015-06-08 | $0.37 | quarterly | 2015-07-01 |
2015-03-06 | $0.37 | quarterly | 2015-04-01 |
2014-12-08 | $0.37 | quarterly | 2015-01-02 |
2014-09-08 | $0.37 | quarterly | 2014-10-01 |
2014-06-06 | $0.37 | quarterly | 2014-07-01 |
2014-03-06 | $0.37 | quarterly | 2014-04-01 |
2013-12-06 | $0.37 | quarterly | 2014-01-02 |
2013-09-06 | $0.37 | quarterly | 2013-10-01 |
2013-06-06 | $0.37 | quarterly | 2013-07-01 |
2013-03-06 | $0.37 | quarterly | 2013-04-01 |
PPL Dividend per year
PPL Dividend growth
PPL Dividend Yield
PPL current trailing twelve-month (TTM) dividend yield is 3.77%. Interested in purchasing PPL stock? Use our calculator to estimate your expected dividend yield:
PPL Financial Ratios
PPL Dividend FAQ
Other factors to consider when evaluating PPL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy PPL stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: PPL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PPL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PPL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PPL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: PPL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PPL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PPL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of PPL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PPL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.