PPL (PPL) Dividend History & Yield
PPL (PPL) has increased its dividend for 4 consecutive years and currently yields 2.85%. The most recent payment was $0.2850/share on Mar 10, 2026, paid Quarterly.
PPL
Current Yield
2.85%
TTM Dividend/Share
$1.10
Payment Frequency
Quarterly
Payout Ratio
67.2%
Consecutive Growth Years
4
Div Growth (1Y CAGR)
5.83%
Div Growth (5Y CAGR)
-8.07%
Div Growth (10Y CAGR)
-2.98%
Dividend Safety Score
2 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 67.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-1.89) does not fully cover dividend/share ($1.10).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 4 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 10, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.2850
- Adj. dividend
- $0.2850
- Yield (ex-date)
- 2.91%
Ex-date Dec 10, 2025
- Payment date
- Jan 2, 2026
- Dividend
- $0.2725
- Adj. dividend
- $0.2725
- Yield (ex-date)
- 3.28%
Ex-date Sep 10, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.2725
- Adj. dividend
- $0.2725
- Yield (ex-date)
- 3.00%
Ex-date Jun 10, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.2725
- Adj. dividend
- $0.2725
- Yield (ex-date)
- 3.14%
Ex-date Mar 10, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.2725
- Adj. dividend
- $0.2725
- Yield (ex-date)
- 3.05%
Ex-date Dec 10, 2024
- Payment date
- Jan 2, 2025
- Dividend
- $0.2575
- Adj. dividend
- $0.2575
- Yield (ex-date)
- 3.13%
Ex-date Sep 10, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.2575
- Adj. dividend
- $0.2575
- Yield (ex-date)
- 3.15%
Ex-date Jun 10, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.2575
- Adj. dividend
- $0.2575
- Yield (ex-date)
- 3.53%
Ex-date Mar 7, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.2575
- Adj. dividend
- $0.2575
- Yield (ex-date)
- 3.64%
Ex-date Dec 7, 2023
- Payment date
- Jan 2, 2024
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.68%
Ex-date Sep 7, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.85%
Ex-date Jun 8, 2023
- Payment date
- Jul 3, 2023
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.46%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 10, 2026 | Apr 1, 2026 | $0.2850 | $0.2850 | 2.91% |
| Dec 10, 2025 | Jan 2, 2026 | $0.2725 | $0.2725 | 3.28% |
| Sep 10, 2025 | Oct 1, 2025 | $0.2725 | $0.2725 | 3.00% |
| Jun 10, 2025 | Jul 1, 2025 | $0.2725 | $0.2725 | 3.14% |
| Mar 10, 2025 | Apr 1, 2025 | $0.2725 | $0.2725 | 3.05% |
| Dec 10, 2024 | Jan 2, 2025 | $0.2575 | $0.2575 | 3.13% |
| Sep 10, 2024 | Oct 1, 2024 | $0.2575 | $0.2575 | 3.15% |
| Jun 10, 2024 | Jul 1, 2024 | $0.2575 | $0.2575 | 3.53% |
| Mar 7, 2024 | Apr 1, 2024 | $0.2575 | $0.2575 | 3.64% |
| Dec 7, 2023 | Jan 2, 2024 | $0.2400 | $0.2400 | 3.68% |
| Sep 7, 2023 | Oct 2, 2023 | $0.2400 | $0.2400 | 3.85% |
| Jun 8, 2023 | Jul 3, 2023 | $0.2400 | $0.2400 | 3.46% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
PPL has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 4 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.0900 | — | — |
| 2025 | $1.0300 | $1.0900 | +5.8% |
| 2024 | $0.9600 | $1.0300 | +7.3% |
| 2023 | $0.8750 | $0.9600 | +9.7% |
| 2022 | $1.6600 | $0.8750 | -47.3% |
| 2021 | $1.6600 | $1.6600 | 0.0% |
| 2020 | $1.6500 | $1.6600 | +0.6% |
| 2019 | $1.6400 | $1.6500 | +0.6% |
| 2018 | $1.5800 | $1.6400 | +3.8% |
| 2017 | $1.5200 | $1.5800 | +3.9% |
| 2016 | $1.4749 | $1.5200 | +3.1% |
| 2015 | $1.3896 | $1.4749 | +6.1% |
| 2014 | $1.3692 | $1.3896 | +1.5% |
| 2013 | $1.3412 | $1.3692 | +2.1% |
| 2012 | $1.3040 | $1.3412 | +2.9% |
| 2011 | $1.3040 | $1.3040 | 0.0% |
| 2010 | $1.2853 | $1.3040 | +1.5% |
| 2009 | $1.2481 | $1.2853 | +3.0% |
| 2008 | $1.1363 | $1.2481 | +9.8% |
| 2007 | $1.0246 | $1.1363 | +10.9% |
| 2006 | $1.1270 | $1.0246 | -9.1% |
| 2005 | $0.7638 | $1.1270 | +47.6% |
| 2004 | $0.7172 | $0.7638 | +6.5% |
| 2003 | $0.6706 | $0.7172 | +6.9% |
| 2002 | $0.4936 | $0.6706 | +35.8% |
| 2001 | $0.4936 | $0.4936 | 0.0% |
| 2000 | $0.4657 | $0.4936 | +6.0% |
| 1999 | $1.3356 | $0.4657 | -65.1% |
| 1998 | $0.7786 | $1.3356 | +71.5% |
| 1997 | $0.7786 | $0.7786 | 0.0% |
| 1996 | $0.7786 | $0.7786 | 0.0% |
| 1995 | $0.7782 | $0.7786 | +0.1% |
| 1994 | $0.7675 | $0.7782 | +1.4% |
| 1993 | $0.7451 | $0.7675 | +3.0% |
| 1992 | $0.7218 | $0.7451 | +3.2% |
| 1991 | $0.6939 | $0.7218 | +4.0% |
| 1990 | $0.6660 | $0.6939 | +4.2% |
| 1989 | $0.6545 | $0.6660 | +1.7% |
| 1988 | $0.6470 | $0.6545 | +1.2% |
| 1987 | $0.4605 | $0.6470 | +40.5% |
| 1986 | $1.0871 | $0.4605 | -57.6% |
| 1985 | — | $1.0871 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does PPL pay dividends?
- Yes, PPL (PPL) pays quarterly dividends of approximately $1.10 per share annually, yielding 2.85%.
What is PPL's dividend yield?
- PPL (PPL) has a current dividend yield of 2.85%.
Is PPL's dividend safe?
- PPL (PPL) passes 2 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has PPL increased its dividend?
- PPL (PPL) has 4 consecutive years of dividend increases.
What is PPL's dividend payout ratio?
- PPL (PPL) has a dividend payout ratio of 67.2%.