PPL Dividend Yield 2026: PPL Corporation

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Data last updated: Jul 06, 2026

Snapshot (as of Jul 06, 2026): PPL Corporation (PPL) pays a $0.76 annual dividend ($0.19 quarterly), yielding 1.54% at $36.89/share. Next ex-dividend date 2026-06-10. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.54%

Annual Dividend: $0.76 per share

Payout Ratio: 66.1%

Ex-Dividend Date: 2026-06-10

Dividend Frequency: quarterly

Sector: Utilities

Years of Dividend History: 43

About PPL Corporation Dividend

PPL Corporation provides electricity and natural gas to roughly 3.6 million customers across Pennsylvania, Kentucky, and Rhode Island. The PPL Corporation dividend currently yields 1.54%, with a trailing annual rate of $0.758 per share paid quarterly. The next ex-dividend date is June 10, 2026, with the last quarterly payment at $0.285 per share. With a beta of 0.589, PPL stock moves well below the broader market, which suits income investors who prioritize low volatility over high yield.

Dividend Safety

PPL Corporation pays out 66.1% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level is supported by the regulated nature of the business: electricity and natural gas delivery to 3.6 million customers across three state-regulated segments generates predictable, recurring demand. PPL Corporation dividend safety faces its main pressure from that same payout ratio, which leaves a narrower margin for earnings shortfalls than a lower-payout utility would carry.

PPL Corporation (PPL) Dividend Growth Rate, CAGR, and History

PPL Corporation dividend history shows a CAGR of -1.7% per year from 2010 to 2025. Per-share payments moved from $1.40 to $1.09 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 7.3% in 2024, showing PPL can accelerate growth in favorable years, though the long-run trend remains negative.

PPL Corporation Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+7.6%	$0.88 (2022)	$1.09 (2025)
5-Year	-8.1%	$1.66 (2020)	$1.09 (2025)
10-Year	-3.1%	$1.50 (2015)	$1.09 (2025)

Is PPL Corporation a Good Dividend Stock?

PPL Corporation fits dividend investors who want low-volatility utility exposure and can accept a modest current income level. The yield sits at 1.54%, which is low (below 2%) and well below PPL's own 5-year average yield of 3.04%, meaning buyers today are paying a higher price relative to the income the stock generates. Three consecutive years of dividend increases point to a rebuilding growth phase after the historical decline, but the -1.7% long-run CAGR is a real trade-off. What an investor gets is a regulated utility with predictable demand across three states and a below-market beta of 0.589. What they give up is meaningful income yield.

Recent PPL Corporation Dividend Payments

Payment Date	Amount per Share
2026-06-10	$0.2850
2026-03-10	$0.2850
2025-12-10	$0.2725
2025-09-10	$0.2725
2025-06-10	$0.2725
2025-03-10	$0.2725
2024-12-10	$0.2575
2024-09-10	$0.2575
2024-06-10	$0.2575
2024-03-07	$0.2575

PPL Corporation Annual Dividend History

Year	Total Dividends
2026	$0.5700
2025	$1.0900
2024	$1.0300
2023	$0.9600
2022	$0.8750

Related Utilities Dividend Stocks

• NEE — NextEra Energy, Inc. (2.68% yield)
• SO — The Southern Company (3.13% yield)
• DUK — Duke Energy Corporation (3.39% yield)
• CEG — Constellation Energy Corporation (0.65% yield)
• NGG — National Grid plc (3.89% yield)
• VST — Vistra Corp. (0.58% yield)

Frequently Asked Questions

How often does PPL Corporation pay dividends?

PPL Corporation pays dividends quarterly. The last dividend was $0.285 per share, and the next ex-dividend date is June 10, 2026.

What is PPL Corporation's current dividend yield?

The current PPL dividend yield is 1.54%. That is well below the stock's 5-year average yield of 3.04%, reflecting a higher current share price relative to the annual payment of $0.758.

Has PPL Corporation ever cut its dividend?

Yes. The annual dividend history shows a sharp decline between 2021 ($1.66 per share) and 2023 ($0.96 per share), with 2022 showing a partial-year figure of $0.875. That represents a meaningful reduction in the per-share payment within the available data window.

How fast has PPL Corporation grown its dividend?

The compound annual growth rate (CAGR) for the PPL Corporation dividend from 2010 to 2025 is -1.7% per year. Over the most recent three years, PPL has posted consecutive increases, including a 7.3% increase in 2024.

Is PPL Corporation dividend safe?

The 66.1% payout ratio is elevated (60–75%), which means the dividend is covered by earnings but with a narrower buffer than lower-payout utilities. The regulated, essential-service nature of electricity and gas delivery to 3.6 million customers supports payment continuity at the current level.

Why is PPL Corporation dividend yield low?

At 1.54%, the PPL yield is low (below 2%) primarily because the current share price is high relative to the $0.758 annual payment. The 5-year average yield of 3.04% shows this is not the stock's historical norm.

How does PPL Corporation compare to its own historical yield?

The current yield of 1.54% is roughly half the 5-year average of 3.04%. Income investors who bought PPL stock at average prices over the past five years received significantly more yield on their cost basis than buyers at today's price.

Latest PPL News

• PPL stock trades steady as earnings and grid investments shape outlook - ad-hoc-news.de — ad-hoc-news.de
• Pembina Pipeline Declares Preferred Share Dividends and Sets Date for Q2 2026 Results Call - The Globe and Mail — The Globe and Mail
• PPL executives to discuss second-quarter results Aug. 7 - Stock Titan — Stock Titan

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