PPL Announces Quarterly Dividend of $0.2725 per Share, Ex-Dividend Date Set for September 10

PPL has declared a quarterly dividend of $0.2725 per share, in line with previous dividends. The forward yield is 2.97%. The dividend is payable on October 1 for shareholders of record on September 10, with an ex-dividend date of September 10.

PPL Corporation (NYSE:PPL) has announced a quarterly dividend of $0.2725 per share, in line with its previous dividend declarations. The forward yield stands at 2.97%, making it an attractive option for income-focused investors. The dividend, which is payable on October 1, 2023, is intended for shareholders of record as of September 10, 2023, with an ex-dividend date of September 10, 2023 [1].

PPL's dividend history shows a consistent payment, with the company having increased its dividend for one year. However, over the past three years, the dividend has decreased by -19.06%, indicating a period of adjustment. The company's dividend payout ratio varies based on different metrics, with trailing year earnings at 92.31%, this year's estimates at 60.76%, and next year's estimates at 55.81% [2].

Institutional investors continue to express confidence in PPL, with recent filings indicating significant investments. Ethos Financial Group LLC, for instance, acquired 48,931 shares during Q1, investing approximately $1.77 million. Other institutional investors, such as Renaissance Technologies LLC and Rockefeller Capital Management L.P., have also boosted their stakes in the company [3].

PPL's stock has seen a mixed range of analyst ratings, with Guggenheim and Barclays upgrading their ratings to "buy" and "strong-buy," respectively. However, Morgan Stanley and Wall Street Zen have maintained a more cautious outlook, with a "hold" rating. Despite the mixed sentiment, the average rating remains "Buy" with an average target price of $36.70 [3].

Recent earnings reports have shown PPL's resilience in the energy sector, with revenue growth of 7.7% compared to the same quarter last year. The company's return on equity and net margin also remain strong, indicating a stable financial performance [3].

In conclusion, PPL's consistent dividend payments, along with its strong financial performance and institutional investor confidence, make it an attractive option for investors seeking a steady income stream. However, the recent decrease in dividend and mixed analyst ratings suggest a cautious approach, especially for those focusing on dividend growth.

References:
[1] https://seekingalpha.com/news/4488337-ppl-declares-0_2725-dividend
[2] https://www.marketbeat.com/stocks/NYSE/PPL/dividend/
[3] https://www.marketbeat.com/instant-alerts/filing-ethos-financial-group-llc-invests-177-million-in-ppl-corporation-nyseppl-2025-08-17/