PPL Dividend History & Analysis | 3.9% Yield

PPL has a dividend yield of 3.9% and paid 1.1 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.94%
Payout Ratio 62.5%
Growth Rate CAGR 5y -9.94%
Consistency Lifetime 94.0%
Yield on Cost 5y 4.57%
Payout FCF -
Streak Years 3
Dividend Rating 29.75%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
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.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 12.5%
Total Return 5y: 53.9%

Top Dividend Payers in Electric Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
CIG 7,154 M 15.5% 47.5%
ENGI 61,522 M 8.49% 34.4%
ELPC 8,717 M 10.7% 13.2%
A2A 9,089 M 4.23% 16.4%
RED 9,753 M 4.69% 12.5%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PCG 38,069 M 254% 75.3%
CEG 102,078 M 40.1% 100%
ENGI 61,522 M 29.3% 84.8%
XEL 48,637 M 11.5% 75.3%
NEE 187,996 M 10.1% 80.1%

Quality Dividend Peers in Electric Utilities

ENGI
Engie S.A.
 8.49% Yield
TRN
Terna Rete Elettrica
 4.52% Yield
IBE
Iberdrola S.A.
 3.99% Yield
ANA
Acciona
 2.82% Yield

PPL Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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 1.4% N/A
2013-12-06 2013-12-10 2014-01-02 Quarterly 0.368 0% N/A

PPL Dividend FAQ

PPL Corporation is a utility company that delivers electricity and natural gas to 3.6 million customers in the United States. The utility sector is characterized by high barriers to entry and often operates as a regulated monopoly.

What is the Dividend Yield of PPL?

As of March 2026, PPL`s dividend yield is 3.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.10 USD by the current share price of 37.16.

Does PPL pay a dividend?

As of March 2026, PPL paid a dividend of 1.10 USD in the last 12 months. The last dividend was paid on 2026-03-10 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 4 dividend payments. The last dividend payment was made on 2026-03-10.

PPL dividend forecast

Based on historical data, the forecasted dividends per share for PPL for the next payments are between 0.228 (-20.0%) 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 2.48%.

Will PPL pay dividends in 2026?

The latest dividend paid per share was 0.285 USD with an Ex-Dividend Date of 2026-03-10. The next Ex-Dividend date for PPL (PPL) is currently unknown.

What is the next Ex-Dividend Date for PPL?

The next Ex-Dividend date for PPL (PPL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

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 4.57%. If you bought PPL's shares at 24.15 USD five years ago, your current annual dividend income (1.10 USD per share, trailing 12 months) equals 4.57% 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 3.94% 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 62.5%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PPL?

PPL`s Overall Dividend Rating is 29.75%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PPL Outstanding Shares Analysis

What is the Trend in PPL's Outstanding Shares?

PPL's outstanding shares have increased by approximately 0.44% 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
1986 298,052,000
1987 298,052,000
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%

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: 2026-03-18 02:38