PPL Corp. As of June 21, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
PPL $0.90 -45.8% 0.0% 0.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric & Gas Utility 3.5% 0 -10.6% Quarter 1946
PPL had raised its dividend 19 consecutive years before the 2022 dividend cut.
PPL had raised its dividend 19 consecutive years before the 2022 dividend cut.

Utility company PPL Corporation (PPL) on June 10, 2022 announced a 12.5% dividend increase to $0.225 per share quarterly. This increased dividend will be paid to shareholders on July 1, 2022 to shareholders of record on June 21, 2022. The new annual dividend rate of $0.90 for PPL per share yields 3.2% at a stock price of $28.33. The next ex-dividend date is June 17, 2022.

In the previous quarter PPL cut its quarterly dividend by 51.8 percent to 20 cents per share. The utility holding company last raised its quarterly dividend by 0.6 percent to $0.415 per share in 2020, at the time marking 19 consecutive years of increases.

PPL Corporation is utility holding company.  PPL Electric was founded in 1920 as Pennsylvania Power & Light Company. PPL, through its regulated utility subsidiaries, delivers electricity to customers in the U.K., Pennsylvania, Kentucky and Virginia; delivers natural gas to customers in Kentucky; and generates electricity from power plants in Kentucky. PPL Corporation, headquartered in Allentown, Pennsylvania, was incorporated in 1994 and has paid a dividend in every quarter since 1946.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Jul 05 CSCO 3.4% 2.7%
Jul 05 CMCSA 2.8% 8.0%
Jul 05 DGX 2.0% 6.5%
Jul 05 GPS 6.8% 25.0%
Jul 05 JPM 3.5% 0.0%
Jul 06 CPB 3.1% 0.0%
Jul 06 SRE 3.2% 4.1%
Jul 07 ROP 0.6% 0.0%
Jul 07 MA 0.6% 0.0%
Jul 07 NTAP 3.1% 0.0%