PPL Corporation (NYSE:PPL) Updates On Quarterly Dividend


As per PPL Corporation (NYSE:PPL) statement on 2016-08-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.38 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-10-03 and the ex-dividend date is 2016-09-07.

Last fiscal PPL Corporation (NYSE:PPL) disbursed cash dividend of $0.38. A year ago, the payout was $0.38, which indicates a difference of 168.8251%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.38, implying 23.3973% growth.

For the period ended on 2015-12-31, PPL Corporation (NYSE:PPL)’s earnings came at $0.56 per share compared to EPS of $0.51 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.57 per share.

The interim price target for PPL Corporation (NYSE:PPL) is set at $39.083. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for PPL Corporation (NYSE:PPL) is seen at $42 and the lowest level is established at $37. This broad range highlights a standard deviation of $1.908 in reported estimates.

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