PPL's last quarterly dividend of $0.24 per share was on Mar 9, 2023 (ex-date). The annualized dividend payment of $0.92 per share represents a current dividend yield of 3.51%. The latest PPL payout of $0.24 marks a dividend growth of 7%.
PPL has a dividend yield of 3.51% which is higher than the Utilities sector average but lower than the industry and its peers average. If we compare it with the Utilities sector average of 3.34%, PPL's dividend yield is 5% higher. The current dividend yield is less than the historical average of 5.2% of the last 5 years.
PPL has a history of paying dividends since 1994. Our records of PPL show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 37% since one year ago. And with the stock price down by 13% from a year ago, the dividend yield marks a decrease of 27%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 9, 2023 | Apr 3, 2023 | Feb 17, 2023 | $0.24 | normal |
| Dec 8, 2022 | Jan 3, 2023 | Nov 18, 2022 | $0.225 | normal |
| Sep 8, 2022 | Oct 3, 2022 | Aug 26, 2022 | $0.225 | normal |
| Jun 17, 2022 | Jul 1, 2022 | Jun 9, 2022 | $0.225 | normal |
| Mar 9, 2022 | Apr 1, 2022 | Feb 18, 2022 | $0.2 | normal |
| Dec 9, 2021 | Jan 3, 2022 | Nov 19, 2021 | $0.415 | normal |
| Sep 9, 2021 | Oct 1, 2021 | Aug 27, 2021 | $0.415 | normal |
| Jun 9, 2021 | Jul 1, 2021 | May 18, 2021 | $0.415 | normal |
| Mar 9, 2021 | Apr 1, 2021 | Feb 18, 2021 | $0.415 | normal |
| Dec 9, 2020 | Jan 4, 2021 | Nov 20, 2020 | $0.415 | normal |
| Sep 9, 2020 | Oct 1, 2020 | Aug 28, 2020 | $0.415 | normal |
| Jun 9, 2020 | Jul 1, 2020 | May 13, 2020 | $0.415 | normal |
| Mar 9, 2020 | Apr 1, 2020 | Feb 14, 2020 | $0.415 | normal |
| Dec 9, 2019 | Jan 2, 2020 | Nov 22, 2019 | $0.413 | normal |
| Sep 9, 2019 | Oct 1, 2019 | Aug 23, 2019 | $0.413 | normal |
| Jun 7, 2019 | Jul 1, 2019 | May 14, 2019 | $0.413 | normal |
| Mar 7, 2019 | Apr 1, 2019 | Feb 14, 2019 | $0.413 | normal |
| Dec 7, 2018 | Jan 2, 2019 | Nov 16, 2018 | $0.41 | normal |
| Sep 7, 2018 | Oct 1, 2018 | Aug 24, 2018 | $0.41 | normal |
| Jun 7, 2018 | Jul 2, 2018 | May 16, 2018 | $0.41 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 22, 2018 | $0.41 | normal |
| Dec 7, 2017 | Jan 2, 2018 | Nov 17, 2017 | $0.395 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Aug 25, 2017 | $0.395 | normal |
| Jun 7, 2017 | Jul 3, 2017 | May 17, 2017 | $0.395 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Feb 1, 2017 | $0.395 | normal |
| Dec 7, 2016 | Jan 3, 2017 | Nov 18, 2016 | $0.38 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Aug 26, 2016 | $0.38 | normal |
| Jun 8, 2016 | Jul 1, 2016 | May 25, 2016 | $0.38 | normal |
| Mar 8, 2016 | Apr 1, 2016 | Feb 4, 2016 | $0.38 | normal |
| Dec 8, 2015 | Jan 4, 2016 | Nov 20, 2015 | $0.378 | normal |
| Sep 8, 2015 | Oct 1, 2015 | Aug 3, 2015 | $0.378 | normal |
PPL has a payout ratio of 87.1% which is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 65.6%, PPL's payout ratio is 33% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DUK Duke Energy CORP | 4.48% | $4.02 | 129.7% |
| ETR Entergy Corp | 4.24% | $4.22 | 76.4% |
| FE Firstenergy Corp | 4.14% | $1.56 | 219.7% |
| SO Southern Co | 3.95% | $2.74 | 88.7% |
| POR Portland General Electric Co | 3.64% | $1.81 | 65.8% |
| EXC Exelon Corp | 3.52% | $1.4 | 62% |
| ED Consolidated Edison Inc | 3.49% | $3.2 | 45.5% |
| PPL PPL Corp | 3.45% | $0.92 | 87.1% |
| AES Aes Corp | 3.21% | $0.65 | N/A |
| NEE Nextera Energy Inc | 2.42% | $1.79 | 53% |
Yes, PPL has paid four dividends in the last 12 months. PPL has been paying dividends since 1994.
PPL's next dividend is scheduled on Jun 8, 2023 (ex-date).
PPL's last dividend ex-date was on Mar 9, 2023. The dividend amount was $0.24 per share.
On an annual basis PPL pays $0.92 per share.
Currently PPL's dividend yield is 3.51%.
PPL pays four dividends per year.
The dividend payout ratio of PPL is 87.1%.
PPL's dividend yield is more than the Utilities sector average.