PPL - NYSE
PPL Corporation
$35.16
+0.40%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.
At a Glance
Live SnapshotPPL Corporation Dividend History
PPL Dividend Payment History
Total Payments
50
Latest Dividend
$0.2850
Annual Amount
$1.3875
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 13, 2026 | Jun 10, 2026 | Jul 1, 2026 | $0.2850 | $0.2850 | Quarterly | 0.00% |
Feb 20, 2026 | Mar 10, 2026 | Apr 1, 2026 | $0.2850 | $0.2850 | Quarterly | +4.78% |
Nov 21, 2025 | Dec 10, 2025 | Jan 2, 2026 | $0.2720 | $0.2720 | Quarterly | 0.00% |
Aug 22, 2025 | Sep 10, 2025 | Oct 1, 2025 | $0.2720 | $0.2720 | Quarterly | 0.00% |
May 16, 2025 | Jun 10, 2025 | Jul 1, 2025 | $0.2720 | $0.2720 | Quarterly | 0.00% |
Feb 13, 2025 | Mar 10, 2025 | Apr 1, 2025 | $0.2720 | $0.2720 | Quarterly | +5.43% |
Nov 22, 2024 | Dec 10, 2024 | Jan 2, 2025 | $0.2580 | $0.2580 | Quarterly | 0.00% |
Aug 23, 2024 | Sep 10, 2024 | Oct 1, 2024 | $0.2580 | $0.2580 | Quarterly | 0.00% |
May 15, 2024 | Jun 10, 2024 | Jul 1, 2024 | $0.2580 | $0.2580 | Quarterly | 0.00% |
Feb 16, 2024 | Mar 8, 2024 | Apr 1, 2024 | $0.2580 | $0.2580 | Quarterly | +7.50% |
Nov 17, 2023 | Dec 8, 2023 | Jan 2, 2024 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Aug 25, 2023 | Sep 8, 2023 | Oct 2, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
May 17, 2023 | Jun 9, 2023 | Jul 3, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Feb 17, 2023 | Mar 10, 2023 | Apr 3, 2023 | $0.2400 | $0.2400 | Quarterly | +6.67% |
Nov 18, 2022 | Dec 9, 2022 | Jan 3, 2023 | $0.2250 | $0.2250 | Quarterly | 0.00% |
Aug 26, 2022 | Sep 9, 2022 | Oct 3, 2022 | $0.2250 | $0.2250 | Quarterly | 0.00% |
Jun 9, 2022 | Jun 21, 2022 | Jul 1, 2022 | $0.2250 | $0.2250 | Quarterly | +12.50% |
Feb 18, 2022 | Mar 10, 2022 | Apr 1, 2022 | $0.2000 | $0.2000 | Quarterly | -51.81% |
Nov 19, 2021 | Dec 10, 2021 | Jan 3, 2022 | $0.4150 | $0.4150 | Quarterly | 0.00% |
Aug 27, 2021 | Sep 10, 2021 | Oct 1, 2021 | $0.4150 | $0.4150 | Quarterly | 0.00% |
May 18, 2021 | Jun 10, 2021 | Jul 1, 2021 | $0.4150 | $0.4150 | Quarterly | 0.00% |
Feb 18, 2021 | Mar 10, 2021 | Apr 1, 2021 | $0.4150 | $0.4150 | Quarterly | 0.00% |
Nov 20, 2020 | Dec 10, 2020 | Jan 4, 2021 | $0.4150 | $0.4150 | Quarterly | 0.00% |
Aug 28, 2020 | Sep 10, 2020 | Oct 1, 2020 | $0.4150 | $0.4150 | Quarterly | 0.00% |
May 13, 2020 | Jun 10, 2020 | Jul 1, 2020 | $0.4150 | $0.4150 | Quarterly | 0.00% |
Feb 14, 2020 | Mar 10, 2020 | Apr 1, 2020 | $0.4150 | $0.4150 | Quarterly | +0.73% |
Nov 22, 2019 | Dec 10, 2019 | Jan 2, 2020 | $0.4120 | $0.4120 | Quarterly | 0.00% |
Aug 23, 2019 | Sep 10, 2019 | Oct 1, 2019 | $0.4120 | $0.4120 | Quarterly | 0.00% |
May 14, 2019 | Jun 10, 2019 | Jul 1, 2019 | $0.4120 | $0.4120 | Quarterly | 0.00% |
Feb 14, 2019 | Mar 8, 2019 | Apr 1, 2019 | $0.4120 | $0.4120 | Quarterly | +0.49% |
Nov 16, 2018 | Dec 10, 2018 | Jan 2, 2019 | $0.4100 | $0.4100 | Quarterly | 0.00% |
Aug 24, 2018 | Sep 10, 2018 | Oct 1, 2018 | $0.4100 | $0.4100 | Quarterly | 0.00% |
May 16, 2018 | Jun 8, 2018 | Jul 2, 2018 | $0.4100 | $0.4100 | Quarterly | 0.00% |
Feb 22, 2018 | Mar 9, 2018 | Apr 2, 2018 | $0.4100 | $0.4100 | Quarterly | +3.80% |
Nov 17, 2017 | Dec 8, 2017 | Jan 2, 2018 | $0.3950 | $0.3950 | Quarterly | 0.00% |
Aug 25, 2017 | Sep 8, 2017 | Oct 2, 2017 | $0.3950 | $0.3950 | Quarterly | 0.00% |
May 17, 2017 | Jun 9, 2017 | Jul 3, 2017 | $0.3950 | $0.3950 | Quarterly | 0.00% |
Feb 1, 2017 | Mar 10, 2017 | Apr 3, 2017 | $0.3950 | $0.3950 | Quarterly | +3.95% |
Nov 18, 2016 | Dec 9, 2016 | Jan 3, 2017 | $0.3800 | $0.3800 | Quarterly | 0.00% |
Aug 26, 2016 | Sep 9, 2016 | Oct 3, 2016 | $0.3800 | $0.3800 | Quarterly | 0.00% |
May 25, 2016 | Jun 10, 2016 | Jul 1, 2016 | $0.3800 | $0.3800 | Quarterly | 0.00% |
Feb 4, 2016 | Mar 10, 2016 | Apr 1, 2016 | $0.3800 | $0.3800 | Quarterly | +0.53% |
Nov 20, 2015 | Dec 10, 2015 | Jan 4, 2016 | $0.3780 | $0.3780 | Quarterly | 0.00% |
Aug 3, 2015 | Sep 10, 2015 | Oct 1, 2015 | $0.3780 | $0.3780 | Quarterly | +1.61% |
May 20, 2015 | Jun 10, 2015 | Jul 1, 2015 | $0.3730 | $0.3720 | Quarterly | +7.20% |
Feb 27, 2015 | Mar 10, 2015 | Apr 1, 2015 | $0.3720 | $0.3470 | Quarterly | 0.00% |
Nov 21, 2014 | Dec 10, 2014 | Jan 2, 2015 | $0.3720 | $0.3470 | Quarterly | 0.00% |
Aug 22, 2014 | Sep 10, 2014 | Oct 1, 2014 | $0.3720 | $0.3470 | Quarterly | 0.00% |
May 21, 2014 | Jun 10, 2014 | Jul 1, 2014 | $0.3720 | $0.3470 | Quarterly | 0.00% |
Feb 6, 2014 | Mar 10, 2014 | Apr 1, 2014 | $0.3720 | $0.3470 | Quarterly | - |
PPL Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Related Guides
Continue your PPL research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.