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PPL Corporation Reports 2024 Earnings and Dividend Increase

Story Highlights
  • PPL reported 2024 earnings of $1.20 per share and $1.69 per share from ongoing operations.
  • PPL extended growth targets and increased its capital plan to $20 billion through 2028.
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PPL Corporation Reports 2024 Earnings and Dividend Increase

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PPL ( (PPL) ) just unveiled an announcement.

PPL Corporation announced its 2024 earnings, reporting $1.20 per share in GAAP earnings and $1.69 per share from ongoing operations, reflecting a strategic focus on infrastructure investments and operational efficiencies. The company extended its growth targets through 2028, increasing its capital plan to $20 billion, and announced a 6% increase in its quarterly dividend, positioning itself for sustained growth in the utility sector.

More about PPL

PPL Corporation operates in the utility industry, providing electricity and natural gas services. Its primary focus is on infrastructure investments to enhance service reliability and efficiency, with a strong emphasis on transitioning to a cleaner energy mix and smart grid technology.

YTD Price Performance: 7.27%

Average Trading Volume: 4,283,592

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $25.47B

For an in-depth examination of PPL stock, go to TipRanks’ Stock Analysis page.

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