PPL to Pay Quarterly Stock Dividend Oct. 1, 2024

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

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Rhea-AI Summary

PPL (NYSE: PPL) has announced a quarterly common stock dividend of $0.2575 per share. The dividend was declared on August 23, 2024, and will be payable on October 1, 2024. Shareholders of record as of September 10, 2024, will be eligible to receive this dividend. This announcement demonstrates PPL's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite current market conditions.

Positive

Consistent dividend payment indicates financial stability
Quarterly dividend of $0.2575 per share provides income for shareholders

Negative

None.

News Market Reaction – PPL

+0.76%

1 alert

+0.76% News Effect

On the day this news was published, PPL gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

08/23/2024 - 07:30 AM

ALLENTOWN, Pa., Aug. 23, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 23, 2024, of $0.2575 per share, payable Oct. 1, 2024, to shareowners of record as of Sept. 10, 2024.

About PPL
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 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

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