PPL Corporation · PPL · NYSE
Dividend report · updated Nov 12, 2026
$35.21 -0.48% on the day, -$0.17
PPL stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is PPL’s dividend Very Safe or High Risk? 13 checks scored. Payout ratio, raise streak, recession record and 10 more. Show the rating
Yearly payout / yield
$1.14·3.24%
$0.285 quarterly x 4 ⓘ
Next payment
~$0.285/qtr
pays ~Dec 13 (est.) ⓘ
Next ex-date
Dec 11est.
ex in 29 days ⓘ
Years without a cut
3 yrs
3 yrs of raises ⓘ
Recession record
2000raised2008raised2020raised2022cut
cut in 2022
Yield vs history ⓘ
54
Near its usual yield
PPL share price & total return
Daily closing price, adjusted for stock splits.
PPL stock page »All dividend lists »Build a portfolio around PPL »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
PPL Dividend Growth (CAGR)
1Y +4.4%3Y +5.9%5Y -7.2%10Y -2.8%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 162 payments since 1985.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.285 rate), not a promise. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +6.02% a year, its typical raise over the last 5 years. From 2029 it slows by a quarter each year, to no less than 5%. Today's $1.14 a year would be $1.48 by 2031 - 4.21% on today's $35.21 price.

How Many PPL Shares for $500 or $1,000 a Month?

At $1.14 a share a year, $500 a month takes about 5,264 PPL shares, about $185,345 at the Nov 12, 2026 close of $35.21. $1,000 a month takes about 10,527 shares, about $370,656. Before taxes, and only while the rate holds.

PPL pays $0.285 a share quarterly, $1.14 a year, a 3.24% run-rate yield at the Nov 12, 2026 close of $35.21. It has paid since 1985 and raised its annual dividend 3 years in a row.

At today’s rate of $0.285 quarterly and the last close of $35.21, this is what PPL pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.285$0.10$1.14
100 shares$28.50$9.50$114.00
$10,000 invested (284.0 shares)$80.94$26.98$323.77
5,264 shares ($500/mo)$1,500.24$500.08$6,000.96
10,527 shares ($1,000/mo)$3,000.20$1,000.07$12,000.78

With DRIP on, every payment buys more shares instead of landing as cash. 100 PPL shares reinvest into 0.81 new shares each payment, about 3.3 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 124 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with PPL’s own history in the PPL DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See PPL’s rating and its 13 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history
  • Crash record: what the dividend did in the 2008 crash history

PPL Dividend Yield Today vs Its 5-Year Range

54/100Near its usual yieldvs its 3-yr history
  • PPL yields 3.24% today, at the Nov 12, 2026 close of $35.21.
  • Its own 3-year median is 3.22%, so today’s yield is near its usual level.
Since Jan 2023: lowest to highest month-end yield
2.80% low4.08% high
Blue mark = today, grey = its 3-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 3 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is PPL’s Next Dividend? Ex-Date and Pay Date After September 2026

PPL has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 11, 2026, with the cash around Dec 13, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.285 a share, went ex on Sep 10, 2026 and paid Sep 14, 2026.

  • Ex-dates: about every 92 days (quarterly)
  • Payment: usually about 2 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does PPL Pay?

PPL pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$1.13 a share, in 4 payments.
+4.8% against the 12 months before ($1.08 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 3 years of higher annual totals (through 2025)
  • Last raise: Mar 10, 2026 - $0.273 to $0.285 (+$0.012, +4.40%)
  • Usual $ step: $0.015 (median of the raises before it)
Coverage
  • EPS payout: 65.1% - $1.14 paid / $1.75 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 91.2% (median of 12 earlier trailing years)
  • FCF payout: 78.0% - $1.12 paid / $1.43 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 130.5% (median of 12 earlier trailing years)

PPL vs Similar Dividend Stocks (FE, CNP...)

Against the 10 dividend-paying Utilities companies closest to PPL in market value, PPL’s 3.24% run-rate yield is close to the group’s middle yield of 3.23%, and its raise streak of 3 years is the 7th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating Recessions ⓘ No cut ⓘ
PPL $35.21PPL $0.285/qtr$1.14/yr fwd 3.24% Dividend Safety Rating: paid plans only Cut in 20222000 raised2008 raised2020 raised2022 cut 3 yrsraised 3 yrs in a row
FE $46.52FirstEnergy $0.465/qtr$1.86/yr fwd 4.00% Dividend Safety Rating: paid plans only No cut in all 42000 held2008 raised2020 held2022 raised 11 yrsraised 3 yrs in a row
CNP $41.00CenterPoint Energy $0.24/qtr$0.96/yr fwd 2.34% Dividend Safety Rating: paid plans only Cut in 20202000 cut2008 raised2020 cut2022 raised 5 yrsraised 4 yrs in a row
ES $70.52Eversource Energy $0.788/qtr$3.15/yr fwd 4.47% Dividend Safety Rating: paid plans only Raised in all 42000 raised2008 raised2020 raised2022 raised 25+ yrsraised 25 yrs in a row
DTE $139.68DTE Energy $1.165/qtr$4.66/yr fwd 3.34% Dividend Safety Rating: paid plans only No cut in all 42000 held2008 held2020 raised2022 raised 4 yrsraised 16 yrs in a row
PCG $13.10PG&E $0.05/qtr$0.20/yr fwd 1.53% Dividend Safety Rating: paid plans only Stopped in 20012000 stopped2008 raisedno 2020/2022 record 1+ yrraised 1 yr in a row
DTW $17.61DTE Energy Company JR SUB DB 2017 E $0.328/qtr$1.31/yr fwd 7.45% Dividend Safety Rating: paid plans only No cut in both2020 raised2022 heldno 2000/2008 record 7+ yrsno raise streak
ATO $175.71Atmos Energy $1.00/qtr$4.00/yr fwd 2.28% Dividend Safety Rating: paid plans only Raised in all 42000 raised2008 raised2020 raised2022 raised 35+ yrsraised 35 yrs in a row
AWK $149.63American Water Works Company $0.895/qtr$3.58/yr fwd 2.39% Dividend Safety Rating: paid plans only Raised in both2020 raised2022 raisedno 2000/2008 record 16+ yrsraised 16 yrs in a row
FTS $59.07Fortis $0.461/qtr$1.84/yr fwd 3.12% Dividend Safety Rating: paid plans only No cut in both2020 held2022 heldno 2000/2008 record 15+ yrsno raise streak
EIX $59.91Edison International $0.878/qtr$3.51/yr fwd 5.86% Dividend Safety Rating: paid plans only Stopped in 20012000 stopped2008 raised2020 raised2022 raised 22 yrsraised 21 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: PPL vs FE, PPL vs CNP, PPL vs ES.

PPL Dividend History: Every Payment Since 1985

Ex-datePay dateAmountFrequencyType
Sep 10, 2026Sep 14, 2026$0.285QuarterlyRegular
Jun 10, 2026Jun 12, 2026$0.285QuarterlyRegular
Mar 10, 2026Mar 12, 2026$0.285QuarterlyRegular
Dec 10, 2025Dec 12, 2025$0.273QuarterlyRegular
Sep 10, 2025Sep 12, 2025$0.273QuarterlyRegular
Jun 10, 2025Jun 12, 2025$0.273QuarterlyRegular
Mar 10, 2025Mar 12, 2025$0.2725QuarterlyRegular
Dec 10, 2024Dec 12, 2024$0.2575QuarterlyRegular
Sep 10, 2024Sep 12, 2024$0.2575QuarterlyRegular
Jun 10, 2024Jun 12, 2024$0.2575QuarterlyRegular
The other 152 PPL payments come with a paid plan.
Show all 162 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for PPL

UnlockDividend Safety Rating: paid plans only
See where PPL lands, and why.
See the rating & factors »
Own PPL? Your payouts fill in by themselves Add PPL once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track PPL →

PPL Dividend Questions

How often does PPL pay dividends?

PPL pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 92 days, and the cash usually lands about 2 days later.

Does PPL pay dividends monthly?

No. PPL pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next PPL dividend?

PPL has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Dec 11, 2026, with the cash around Dec 13, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.285 a share, went ex on Sep 10, 2026 and paid Sep 14, 2026. The current rate is $0.285 per share, $1.14 a year.

Does PPL pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 11, 2026, with the cash around Dec 13, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does PPL pay per share?

PPL pays $0.285 a share quarterly, $1.14 a year. At the Nov 12, 2026 close of $35.21 that is a 3.24% run-rate yield, near its usual level: its own 3-year median is 3.22%.

Has PPL raised its dividend?

Yes. PPL has raised its annual dividend 3 years in a row, through 2025. The latest raise, on Mar 10, 2026, took the rate from $0.273 to $0.285 (+4.40%). Over five years the dividend grew -7.2% a year.

Is PPL’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. PPL paid out 65% of its earnings and 78% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 3 years in a row and gone 3 years without a cut. Through the market crashes: it raised the dividend through the 2000, 2008 and 2020 crashes; it cut it in the 2022 crash. This is data, not investment advice. The full 13-check rating comes with a plan.

How do I track my PPL dividends?

Add PPL to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run PPL in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 12, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 13 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.