PPL Corp (PPL) Dividend
PPL Corp (PPL) currently pays a dividend yield of 3.21%, distributing $1.14 per share annually ($0.28 per quarter). The company operates in the Utilities sector.
PPL has raised its dividend for 3 consecutive years.
PPL dividend at a glance
| Dividend Yield | 3.21% |
|---|---|
| Annual Dividend | $1.14 per share |
| Per Payment | $0.28 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 10, 2026 |
| Next Payment Date | October 2, 2026 |
| Payout Ratio | 68% |
| Consecutive Years of Dividend Growth | 3 |
| Sector | Utilities |
| Implied Share Price (from yield) | $35.51 |
What PPL pays on a $10,000 investment
At a 3.21% yield, $10,000 invested in PPL generates about $321.00 per year, or roughly $80.25 every quarter. Share counts below use an implied price of $35.51, derived from the $1.14 annual dividend and the 3.21% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 28.2 | $32.10 | $8.02 |
| $5,000 | 140.8 | $160.50 | $40.12 |
| $10,000 | 281.6 | $321.00 | $80.25 |
| $25,000 | 703.9 | $802.50 | $200.62 |
| $100,000 | 2,815.8 | $3,210.00 | $802.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PPL dividend payment schedule
PPL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 10, 2026, with payment on October 2, 2026. Later rows are projected forward at the same interval and will shift when PPL Corp declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 10, 2026 | October 2, 2026 | $0.28 | Confirmed |
| December 10, 2026 | January 1, 2027 | $0.28 | Projected |
| March 10, 2027 | April 1, 2027 | $0.28 | Projected |
| June 10, 2027 | July 2, 2027 | $0.28 | Projected |
To collect a PPL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PPL's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. PPL's 3.21% is 0.60 percentage points below that median, ranking 328th of 587 by yield.
Within Utilities, where we track 26 names, the median yield is 3.21% — putting PPL right at its sector.
Its 3-year run of dividend increases ranks 269th out of the 362 names in our data with an active growth streak.
What the numbers mean
PPL pays out roughly 68% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, PPL distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PPL dividend FAQ
When is the next PPL ex-dividend date?
The next PPL ex-dividend date is September 10, 2026, with the payment scheduled for October 2, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PPL's dividend yield?
PPL currently yields 3.21%, based on $1.14 in dividends per share over the past year.
How often does PPL pay dividends?
PPL pays quarterly, which works out to 4 payments per year of about $0.28 per share.
How much dividend income would $10,000 of PPL generate?
At the current 3.21% yield, $10,000 invested in PPL would produce roughly $321.00 per year, or about $80.25 per quarter, before taxes and assuming the dividend holds.
Has PPL increased its dividend?
Yes — PPL has raised its dividend for 3 consecutive years.
PPL dividend history
DivTrkr holds 160 recorded PPL dividend payments going back to 1985, with 3 consecutive complete years of increases and -8.0% a year of growth over the last five complete years. See the full PPL dividend history — every payment, annual totals and growth by year.
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Track PPL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.