PPL to Pay Quarterly Stock Dividend July 1, 2024

Rhea-AI Summary

PPL announced a quarterly common stock dividend of $0.2575 per share, declared on May 15, 2024. The dividend is payable on July 1, 2024, to shareholders of record as of June 10, 2024.

Positive

• Quarterly dividend declared, providing income for investors.
• Dividend amount stands at $0.2575 per share.

Negative

• No mention of revenue growth or profitability improvements.
• Dividend yield may not be competitive in the current market.

ALLENTOWN, Pa., May 15, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 15, 2024, of $0.2575 per share, payable July 1, 2024, to shareowners of record as of June 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

 

View original content:https://www.prnewswire.com/news-releases/ppl-to-pay-quarterly-stock-dividend-july-1-2024-302146627.html

SOURCE PPL Corporation

FAQ

What is the quarterly dividend announced by PPL in May 2024?

PPL announced a quarterly common stock dividend of $0.2575 per share.

When will PPL 's dividend be paid?

The dividend will be paid on July 1, 2024.

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

The record date for the dividend payment is June 10, 2024.

What is PPL 's stock symbol?

PPL 's stock symbol is PPL.