Well . . . Best I can tell the dividend increase is
less than one percent . . . But I'm not throwing it back.
>>>
PPL Corp (PPL) Increases Dividend to $0.41 Per Share
http://www.thelincolnianonline.com/2019/03/06/ppl-corp-ppl-increases-dividend-to-0-41-per-share.html
Mar 6th, 2019
PPL Corp (NYSE
PL) announced a quarterly dividend on Friday, February 15th, Wall Street Journal reports. Investors of record on Friday, March 8th will be given a dividend of 0.4125 per share by the utilities provider on Monday, April 1st. This represents a $1.65 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Thursday, March 7th. This is a boost from PPL’s previous quarterly dividend of $0.41.
PPL has raised its dividend payment by an average of 2.8% per year over the last three years and has increased its dividend annually for the last 7 consecutive years. PPL has a payout ratio of 70.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect PPL to earn $2.56 per share next year, which means the company should continue to be able to cover its $1.65 annual dividend with an expected future payout ratio of 64.5%.
>>>
Article does continue. Zim.
Mad Poet Strikes Again.
| 