PPL, a utility based in Allentown, Pa., said this week that it plans to raise its next quarterly dividend by 7%. It was an otherwise light stretch for such announcements among large U.S. companies.
PPL (ticker: PPL) expects to boost its quarterly disbursement to 24 cents a share from 22.5 cents. The stock, which yields 2.9%, has a one-year return of about 6%, dividends included, compared with minus 14% for the
S&P 500
through Thursday’s close.
Source: https://www.barrons.com/articles/ppl-dividend-stocks-prices-target-citi-51673629091?siteid=yhoof2&yptr=yahoo