PPL Corporation
PPLCUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
3.48%
Annual Dividend
$1.12
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Key facts about PPLC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, PPL Corporation (PPLC) has a forward dividend yield of 3.48%, based on an annual dividend of $1.12 per share and a share price of $46.86.
- PPLC has never cut its regular dividend in the payment history SmarterDividends has on record.
- PPLC's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PPLC is $29.32 per share, 37% below the $46.86 share price, so PPLC screens as overvalued.
- PPL Corporation (PPLC) pays its dividend quarterly, 4 times a year.
- PPL Corporation (PPLC) has raised its regular dividend 1 time and cut it 0 times across the 2 payments on record since 2026. Its most recent change was a 15.4% increase to $0.875 per share, going ex-dividend on Jul 31, 2026.
Cite this page
SmarterDividends, "PPLC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PPLC
Summary
As of Oct 18, 2026, PPL Corporation (PPLC) yields 3.48% ($1.12 a year per share).
Is PPLC a good dividend stock?
MixedPPL Corporation (PPLC) pays a quarterly dividend yielding 3.48% ($1.12/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.48%
- Payout Ratio
- —
- Annual Dividend
- $1.12
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.58
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $43.74 – $52.57
- Dividend Safety
- —
- Ever Cut?
- No
PPLC dividend raises and cuts
PPL Corporation (PPLC) has raised its regular dividend 1 time and cut it 0 times across the 2 payments on record since 2026. Its most recent change was a 15.4% increase to $0.875 per share, going ex-dividend on Jul 31, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 31, 2026 | Raise | $0.758 → $0.875 | +15.4% |
Frequently Asked Questions
Is PPLC a good dividend stock?
Mixed. PPL Corporation (PPLC) pays a quarterly dividend yielding 3.48% ($1.12/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is PPLC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PPLC's fair value is about $29.32 versus a $46.86 share price — so it looks overvalued (-37% vs. fair value).
What is PPLC's fair value?
Our blended fair-value estimate for PPLC is about $29.32 per share, about 37% below the current $46.86 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is PPLC a buy, hold, or sell?
We don't issue formal ratings, but on the data PPLC screens as "mixed" and overvalued. PPL Corporation (PPLC) pays a quarterly dividend yielding 3.48% ($1.12/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Does PPLC pay a dividend?
Yes. PPL Corporation pays a quarterly dividend of about $1.12 per share annually, a forward yield of roughly 3.48%.
What is PPLC's dividend yield?
As of Oct 18, 2026, PPLC's forward dividend yield is 3.48%, based on a $1.12 annual dividend and a $46.86 share price.
What is PPLC's dividend per share?
As of Oct 18, 2026, PPLC pays $1.12 per share per year, distributed on a quarterly basis.
How many years has PPLC grown its dividend?
PPLC does not currently have a long dividend-growth streak on record.
When is the next PPLC ex-dividend date?
As of Oct 18, 2026, the next ex-dividend date on record for PPLC is Oct 30, 2026.
PPLC Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$43.74 – $52.57
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PPLC worth?
Overvaluedlow confidenceOur blended fair-value estimate for PPL Corporation is $29.32 per share, versus a market price of $46.86. That implies 37% of downside.
Fair Value
$29.32
Current Price
$46.86
Downside
-37%
Margin of Safety
-60%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.0% discount rate (CAPM), 8.5% growth for five years fading to 2.5% over the next five, $1.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
Full PPLC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | Aug 17, 2026 | $0.8750 | regular |
| May 1, 2026 | May 15, 2026 | $0.7580 | regular |
Income Calculator
At $1.12 / yr per share
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