PPL Dividend History & Analysis | 3.1% Yield

PPL has a dividend yield of 3.1% and paid 1.39 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.14%
Payout Ratio 60.7%
Growth Rate CAGR 5y -9.94%
Consistency Lifetime 94.0%
Yield on Cost 5y 5.68%
Payout FCF -
Streak Years 3
Dividend Rating 30.14%
Ex-Dividend in 18 days: Buy before Jun 10, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
CIG 6,551 M 17.24% 32.56%
ELPC 9,014 M 8.29% 12.02%
ENIC 5,825 M 9.28% 9.41%
ENGI 80,669 M 4.81% 15.90%
ENEL 109,405 M 5.85% 12.46%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PCG 35,522 M 253.55% 75.3%
CEG 96,510 M 40.13% 100.0%
ENGI 80,669 M 29.27% 84.8%
XEL 49,773 M 11.46% 75.3%
NEE 187,830 M 10.14% 80.1%
Quality Dividend Peers in Electric Utilities ENGI Engie S.A.
4.81% Yield ANA Acciona
2.82% Yield
PPL Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-10 2026-06-10 2026-07-01 Quarterly 0.285 0% N/A
2026-03-10 2026-03-10 2026-04-01 Quarterly 0.285 +4.4% 0.75%
2025-12-10 2025-12-10 2026-01-02 Quarterly 0.273 0% 0.81%
2025-09-10 2025-09-10 2025-10-01 Quarterly 0.273 0% 0.77%
2025-06-10 2025-06-10 2025-07-01 Quarterly 0.273 0% 0.81%
2025-03-10 2025-03-10 2025-04-01 Quarterly 0.273 +5.8% 0.81%
2024-12-10 2024-12-10 2025-01-02 Quarterly 0.258 0% 0.78%
2024-09-10 2024-09-10 2024-10-01 Quarterly 0.258 0% 0.8%
2024-06-10 2024-06-10 2024-07-01 Quarterly 0.258 0% 0.92%
2024-03-07 2024-03-08 2024-04-01 Quarterly 0.258 +7.5% 0.96%
2023-12-07 2023-12-08 2024-01-02 Quarterly 0.24 0% 0.92%
2023-09-07 2023-09-08 2023-10-02 Quarterly 0.24 0% 0.99%
2023-06-08 2023-06-09 2023-07-03 Quarterly 0.24 0% 0.9%
2023-03-09 2023-03-10 2023-04-03 Quarterly 0.24 +6.7% 0.89%
2022-12-08 2022-12-09 2023-01-03 Quarterly 0.225 0% 0.78%
2022-09-08 2022-09-09 2022-10-03 Quarterly 0.225 0% 0.77%
2022-06-17 2022-06-21 2022-07-01 Quarterly 0.225 +12.5% 0.88%
2022-03-09 2022-03-10 2022-04-01 Quarterly 0.2 -51.8% 0.74%
2021-12-09 2021-12-10 2022-01-03 Quarterly 0.415 0% 1.44%
2021-09-09 2021-09-10 2021-10-01 Quarterly 0.415 0% 1.38%
2021-06-09 2021-06-10 2021-07-01 Quarterly 0.415 0% 1.46%
2021-03-09 2021-03-10 2021-04-01 Quarterly 0.415 0% N/A
2020-12-09 2020-12-10 2021-01-04 Quarterly 0.415 0% N/A
2020-09-09 2020-09-10 2020-10-01 Quarterly 0.415 0% N/A
2020-06-09 2020-06-10 2020-07-01 Quarterly 0.415 0% N/A
2020-03-09 2020-03-10 2020-04-01 Quarterly 0.415 +0.5% N/A
2019-12-09 2019-12-10 2020-01-02 Quarterly 0.413 0% N/A
2019-09-09 2019-09-10 2019-10-01 Quarterly 0.413 0% N/A
2019-06-07 2019-06-10 2019-07-01 Quarterly 0.413 0% N/A
2019-03-07 2019-03-08 2019-04-01 Quarterly 0.413 +0.7% N/A
2018-12-07 2018-12-10 2019-01-02 Quarterly 0.41 0% N/A
2018-09-07 2018-09-10 2018-10-01 Quarterly 0.41 0% N/A
2018-06-07 2018-06-08 2018-07-02 Quarterly 0.41 0% N/A
2018-03-08 2018-03-09 2018-04-02 Quarterly 0.41 +3.8% N/A
2017-12-07 2017-12-08 2018-01-02 Quarterly 0.395 0% N/A
2017-09-07 2017-09-08 2017-10-02 Quarterly 0.395 0% N/A
2017-06-07 2017-06-09 2017-07-03 Quarterly 0.395 0% N/A
2017-03-08 2017-03-10 2017-04-03 Quarterly 0.395 +3.9% N/A
2016-12-07 2016-12-09 2017-01-03 Quarterly 0.38 0% N/A
2016-09-07 2016-09-09 2016-10-03 Quarterly 0.38 0% N/A
2016-06-08 2016-06-10 2016-07-01 Quarterly 0.38 0% N/A
2016-03-08 2016-03-10 2016-04-01 Quarterly 0.38 +0.5% N/A
2015-12-08 2015-12-10 2016-01-04 Quarterly 0.378 0% N/A
2015-09-08 2015-09-10 2015-10-01 Quarterly 0.378 +1.3% N/A
2015-06-08 2015-06-10 2015-07-01 Quarterly 0.373 0% N/A
2015-03-06 2015-03-10 2015-04-01 Quarterly 0.373 0% N/A
2014-12-08 2014-12-10 2015-01-02 Quarterly 0.373 0% N/A
2014-09-08 2014-09-10 2014-10-01 Quarterly 0.373 0% N/A
2014-06-06 2014-06-10 2014-07-01 Quarterly 0.373 0% N/A
2014-03-06 2014-03-10 2014-04-01 Quarterly 0.373 0% N/A

PPL Dividend FAQ

PPL Corporation is an energy utility holding company providing electricity and natural gas services to 3.6 million customers across Pennsylvania, Kentucky, Virginia, and Rhode Island. The company operates through three primary regulated segments, managing a diverse infrastructure that includes electricity transmission, distribution, and a generation portfolio powered by coal, natural gas, hydro, and solar assets.

What is the Dividend Yield of PPL?

As of May 2026, PPL's dividend yield is 3.14%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.39 USD by the current share price of 36.17.

Does PPL pay a dividend?

As of May 2026, PPL paid a dividend of 1.39 USD in the last 12 months. The last dividend was paid on 2026-06-10 and the payout was 0.285 USD.

How often does PPL pay dividends?

PPL pays dividends quarterly. Over the last 12 months, PPL has issued 5 dividend payments. The last dividend payment was made on 2026-06-10.

PPL dividend forecast

Based on historical data, the forecasted dividends per share for PPL for the next payments are between 0.221 (-22.5%) and 0.236 (-17.2%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 2.52%.

Will PPL pay dividends in 2026?

The latest dividend paid per share was 0.285 USD with an Ex-Dividend Date of 2026-06-10. The next Ex-Dividend date for PPL (PPL) is 2026-06-10.

What is the next Ex-Dividend Date for PPL?

The next Ex-Dividend date for PPL (PPL) is 2026-06-10.

What is the Dividend Growth of PPL?

PPL's average dividend growth rate over the past 5 years is -9.94% per year. Negative growth: PPL's dividend growth is negative and declining.

What is the Yield on Cost of PPL?

PPL's 5-Year Yield on Cost is 5.68%. If you bought PPL's shares at 24.47 USD five years ago, your current annual dividend income (1.39 USD per share, trailing 12 months) equals 5.68% of your original purchase price.

What is the Payout Consistency of PPL?

PPL Payout Consistency is 94.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: PPL has a strong track record of consistent dividend payments over its lifetime.

Does PPL have a good Dividend Yield?

PPL's 3.14% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PPL?

The Dividend Payout Ratio of PPL is 60.7%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PPL?

PPL's Overall Dividend Rating is 30.14%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PPL Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in PPL's Outstanding Shares?

PPL's outstanding shares have increased by approximately 1.11% annually over the past 3 years (Trend Reliability: 100.0%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has PPL ever had a Stock Split?

Yes, the last stock split was on Jun 2, 2015 with a ratio of 10000:9314. This was a forward split: Each share became 1.07 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 298,052,000 0%
1986 298,052,000 0%
1987 298,052,000 0%
1988 300,088,000 +0.68%
1989 352,888,900 +17.6%
1990 345,416,700 -2.12%
1991 351,739,100 +1.83%
1992 306,341,500 -12.91%
1993 305,714,300 -0.2%
1994 304,782,600 -0.3%
1995 317,808,200 +4.27%
1996 325,000,000 +2.26%
1997 336,666,700 +3.59%
1998 315,789,500 -6.2%
1999 286,868,700 -9.16%
2000 290,196,100 +1.16%
2001 300,000,000 +3.38%
2002 334,265,700 +11.42%
2003 354,000,000 +5.9%
2004 377,528,100 +6.65%
2005 378,378,400 +0.23%
2006 383,018,900 +1.23%
2007 371,428,600 -3.03%
2008 375,112,000 +0.99%
2009 377,717,000 +0.69%
2010 484,138,000 +28.17%
2011 579,041,000 +19.6%
2012 583,644,000 +0.79%
2013 630,192,000 +7.98%
2014 667,263,000 +5.88%
2015 676,548,000 +1.39%
2016 681,863,000 +0.79%
2017 691,046,000 +1.35%
2018 727,387,000 +5.26%
2019 754,762,000 +3.76%
2020 769,725,000 +1.98%
2021 747,702,000 -2.86%
2022 737,570,000 -1.36%
2023 738,600,000 +0.14%
2024 741,063,000 +0.33%
2025 745,143,000 +0.55%
2026 757,158,000 +1.61%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-20 02:36 UTC