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PPL to Pay Quarterly Stock Dividend Oct. 1

PPL Corporation (NYSE: PPL) announced a quarterly common stock dividend of $0.4150 per share, payable on Oct. 1, 2020.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

PPL Corporation (NYSE: PPL) announced a quarterly common stock dividend of $0.4150 per share, payable on Oct. 1, 2020. Shareowners of record as of Sept. 10, 2020 will be eligible for this dividend. PPL is a leading utility company in the U.S., serving over 10 million customers across the U.S. and the U.K. The corporation is known for its commitment to outstanding customer service and reliability, employing more than 12,000 individuals to provide superior value for its shareholders.

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Positive

  • Quarterly dividend of $0.4150 per share reinforces company commitment to return value to shareholders.
  • PPL Corporation serves 10 million customers, indicating strong market presence and customer base.

Negative

  • None.
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+0.25% session move Open Argus
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News Market Reaction – PPL

The recorded move for PPL in the trading session of this news was +0.25%.

Data tracked by StockTitan Argus. Session date unavailable.

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ALLENTOWN, Pa., Aug. 28, 2020 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 28, of $0.4150 per share, payable Oct. 1, 2020, to shareowners of record as of Sept. 10, 2020.

Headquartered in Allentown, Pennsylvania, PPL Corporation (NYSE: PPL) is one of the largest companies in the U.S. utility sector. PPL's seven high-performing, award-winning utilities serve 10 million customers in the United States and United Kingdom. With more than 12,000 employees, PPL is dedicated to providing exceptional customer service and reliability and delivering superior value for shareowners. To learn more, 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, 610-774-5997
For financial analysts: Andy Ludwig, 610-774-3389

Cision View original content:http://www.prnewswire.com/news-releases/ppl-to-pay-quarterly-stock-dividend-oct-1-301120334.html

SOURCE PPL Corporation

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