PPL Dividends
PPL Corporation (PPL) pays $1.12 in dividends per share, with a current dividend yield of 3.16%. The company has dividend history for 3 consecutive years.
PPL Dividend Summary
3.16%
$1.12
67.98%
Consecutive Years
3
Most Recent Ex-Date
Jun 10, 2026
Next Payment Date
Jul 1, 2026
PPL Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
PPL Dividends CAGR Chart
PPL Corporation (PPL)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.57 | — |
| 2025 | $1.09 | +5.83% |
| 2024 | $1.03 | +7.29% |
| 2023 | $0.96 | +9.71% |
| 2022 | $0.88 | -47.29% |
| 2021 | $1.66 | +0.00% |
| 2020 | $1.66 | +0.61% |
| 2019 | $1.65 | +0.61% |
| 2018 | $1.64 | +3.80% |
| 2017 | $1.58 | +3.95% |
| 2016 | $1.52 | +3.06% |
| 2015 | $1.47 | +6.14% |
| 2014 | $1.39 | +1.50% |
| 2013 | $1.37 | +2.08% |
| 2012 | $1.34 | +2.86% |
| 2011 | $1.30 | +0.00% |
| 2010 | $1.30 | +1.45% |
| 2009 | $1.29 | +2.98% |
| 2008 | $1.25 | +9.84% |
| 2007 | $1.14 | +10.91% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.28 | +4.59% |
| Q1 2026 | $0.28 | +4.59% |
| Q4 2025 | $0.27 | +5.83% |
| Q3 2025 | $0.27 | +5.83% |
| Q2 2025 | $0.27 | +5.83% |
| Q1 2025 | $0.27 | +5.83% |
| Q4 2024 | $0.26 | +7.29% |
| Q3 2024 | $0.26 | +7.29% |
| Q2 2024 | $0.26 | +7.29% |
| Q1 2024 | $0.26 | +7.29% |
| Q4 2023 | $0.24 | +6.67% |
| Q3 2023 | $0.24 | +6.67% |
| Q2 2023 | $0.24 | +6.67% |
| Q1 2023 | $0.24 | +20.00% |
| Q4 2022 | $0.23 | -45.78% |
| Q3 2022 | $0.23 | -45.78% |
| Q2 2022 | $0.23 | -45.78% |
| Q1 2022 | $0.20 | -51.81% |
| Q4 2021 | $0.41 | +0.00% |
| Q3 2021 | $0.41 | +0.00% |
| Q2 2021 | $0.41 | +0.00% |
| Q1 2021 | $0.41 | +0.00% |
| Q4 2020 | $0.41 | +0.61% |
| Q3 2020 | $0.41 | +0.61% |
Dividend Yield Metrics
- Current Yield
- 3.16%
- Average Yield (TTM)
- 3.16%
- Average Yield (3Y)
- 2.91%
- Forward Yield on Cost (3Y)
- 2.07%
- Forward Yield on Cost (5Y)
- 1.57%
- Forward Yield on Cost (10Y)
- 0.78%
Payout Ratio Analysis
- Payout Ratio (Current)
- 67.98%
- FCF Payout Ratio
- N/A
- Payout Ratio (3Y Avg)
- 83.32%
- Payout Ratio (5Y Avg)
- 84.53%
- FCF Payout (3Y Avg)
- 1427.64%
- FCF Payout (5Y Avg)
- 906.61%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About PPL Corporation
PPL Corporation functions as a utility holding company, primarily engaged in the distribution of electricity and natural gas throughout both the United States and the United Kingdom. Its operational footprint in the U.S. is segmented into two regulated divisions: one in Kentucky and another in Pennsylvania. In Kentucky, the company supplies electricity to approximately 429,000 customers and natural gas to about 333,000 in the Louisville region and surrounding areas. It also serves an additional 538,000 electric customers across central, southeastern, and western parts of the state. Furthermore, PPL reaches around 28,000 electric customers in five counties located in southwestern Virginia. Its most significant customer base is in Pennsylvania, where it provides electric services to roughly 1.4 million individuals. Beyond mere delivery, PPL is also involved in electricity generation within Kentucky, utilizing a mix of sources including coal, natural gas, hydro, and solar power. The company also sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was established in 1920 and its main office is situated in Allentown, Pennsylvania.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Vincent Sorgi