PPL Corporation
S&P 500PPL/Utilities · Utilities - Regulated Electric/NYSE
Dividend Yield
3.13%
$1.12 · Annual Dividend
Dividend Safety Rating
PPL's dividend appears safe and well-supported. Strengths include a 67.6% earnings payout ratio & 49.7% fcf payout ratio. Areas of concern: 2.8x interest coverage & Volatile profit margin stability. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Operating Margin: 27.2%Healthy operating margin provides a wide buffer.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
- Dividend Cut: NoneNo dividend cut in recent history.
Risks
- 5-Year Dividend CAGR: -8.0%Dividend growth has been weak or negative.
- Interest Coverage: 2.8xInterest coverage is thin relative to debt servicing.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
SafeAbout PPL Corporation
PPL Corporation is a regulated utility holding company that generates, transmits, and distributes electricity and natural gas to approximately 3.5 million customers across the United States. Operating through three primary segments—Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated—the company delivers electricity in Pennsylvania, Kentucky, Virginia, and Rhode Island, while providing natural gas services in Kentucky and Rhode Island. PPL Electric Utilities serves central and eastern Pennsylvania with pure electric transmission and distribution services, while subsidiary companies LG&E and KU manage generation, transmission, and distribution in Kentucky, and Rhode Island Energy operates electric and gas utilities throughout Rhode Island. The company operates over 33,000 miles of electric and gas distribution and transmission lines and maintains approximately 7,500 megawatts of regulated generation capacity. Founded in 1920 and headquartered in Allentown, Pennsylvania, PPL focuses on infrastructure modernization, grid reliability, and the clean energy transition while maintaining affordable and dependable energy services. The company is committed to achieving net-zero carbon emissions by 2050 without compromising reliability and affordability.
Dividend Overview
Dividend Yield
3.13%
Annual Dividend
$1.12
Frequency
Quarterly
Payout Ratio
67.64%
FCF Payout Ratio
49.69%
52-Week Range
$33.17 - $40.11
Dividend History (2016–2025)
PPL annual dividend per share and yield history
Earnings & Profitability
PPL earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 10, 2026
Next Payment Date
July 1, 2026
Dividend Growth
3-Year Dividend CAGR
7.65%
5-Year Dividend CAGR
-8.04%
10-Year Dividend CAGR
-2.96%
3-Year Total Growth
24.74%
5-Year Total Growth
-34.25%
10-Year Total Growth
-25.97%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.