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PPL modifies its investment and growth plans to offer top-tier profitability and a clean energy future while keeping rates low. It also increases dividends by 12.5% to reward shareholders.
The cut comes as the struggling company also has a new CEO taking over, Stéphane de La Faverie, to help right the ship. A quick look at the stock's payout ratio highlights just why a cut to the ...
PPL is keeping true to its conservative nature by maintaining its shareholder payout. The company has declared a fresh quarterly dividend of $0.3675 per share of its common stock, to be handed out ...
In 2020, PPL initiated a formal process to sell WPD in order to position PPL as a purely U.S.-focused energy company and create additional shareowner value. This resulted in a March 18, 2021, announcement of agreements to sell WPD to National Grid plc for £7.8 billion and acquire National Grid's Rhode Island electric and gas utility, the ...
PPL reported earnings last week, missing sales but squeaking past earnings expectations. The corporation's regulated utilities are rocking, but a bad bet on hedge prices kept this dividend stock's ...
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