SmarterDividends
PPL

PPL Corporation

PPL

Utilities · Stock · quarterly payer

Forward Yield

3.24%

Annual Dividend

$1.14

Payout Ratio

68%

5-Yr Growth

-8.0%

Ex-Date

Jun 10, 2026

Frequency

Quarterly

PPL Dividend Safety Score

63/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage68% of earnings paid out
Balance-sheet strengthDebt/equity of 1.35
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PPL a good dividend stock?

Yes, with caveats

PPL Corporation (PPL) pays a quarterly dividend yielding 3.24% ($1.14/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2022
    • Dividend has been shrinking, not growing

    Key Data

    Dividend Yield
    3.24%
    Payout Ratio
    68%
    Annual Dividend
    $1.14
    5-Yr Avg Growth
    -8.0%
    Ex-Dividend Date
    Jun 10, 2026
    Years of Growth
    3
    Frequency
    quarterly
    Beta
    0.60
    Market Cap
    $26.5B
    P/E Ratio
    21.6
    5-Yr Total Return
    27%
    52-Week Range
    $33.17 – $40.11
    Dividend Safety
    C · 63/100
    Ever Cut?
    Yes (2022)
    PPL ex-dividend date & scheduleNext ex-date Jun 10, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.14 / yr per share

    Per payment (quarterly)$28.50
    Annual$114.00
    Monthly avg$9.50