PPL to Pay Quarterly Stock Dividend Jan. 3, 2023

Rhea-AI Summary

PPL Corporation (NYSE: PPL) announced a quarterly dividend of $0.2250 per share on November 18, 2022, payable on January 3, 2023. This dividend will benefit shareholders of record as of December 9, 2022. PPL, based in Allentown, Pennsylvania, serves approximately 3.5 million customers and is committed to enhancing energy solutions through smarter and more dynamic power grids.

Positive

• Declared a quarterly dividend of $0.2250 per share, indicating financial stability and commitment to returning value to shareholders.
• Serves 3.5 million customers, reflecting a strong customer base.

Negative

• None.

News Market Reaction

+1.52%

1 alert

+1.52% News Effect

On the day this news was published, PPL gained 1.52%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ALLENTOWN, Pa., Nov. 18, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 18, of $0.2250 per share, payable Jan. 3, 2023, to shareowners of record as of Dec. 9, 2022.

PPL Corporation (NYSE: PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to 3.5 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.

Note to Editors: Visit our media website at www.pplnewsroom.com for additional news about PPL Corporation.

Contacts:	For news media: Ryan Hill, 610-774-4033
	For financial analysts: Andy Ludwig, 610-774-3389

 

View original content:https://www.prnewswire.com/news-releases/ppl-to-pay-quarterly-stock-dividend-jan-3-2023-301682707.html

SOURCE PPL Corporation

FAQ

What is the dividend amount announced by PPL Corporation?

The announced dividend amount is $0.2250 per share.

When will PPL Corporation's dividend be paid?

The dividend will be paid on January 3, 2023.

What is the record date for PPL Corporation's dividend?

The record date for the dividend is December 9, 2022.

How often does PPL Corporation pay dividends?

PPL Corporation pays dividends quarterly.

Is PPL Corporation's dividend sustainable?

The sustainability of the dividend depends on the company's financial performance, which has shown stability with a significant customer base.