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PPL Corp. increases quarterly dividend 6% to 27.25c per share

PPL Corp. (PPL) increased its quarterly common stock dividend 6% raising the dividend from 25.75c per share to 27.25c per share. The dividend increase is at the low end of the targeted dividend growth rate range given the significant capital investments in the updated plan. The increased dividend will be payable April 1 to shareowners of record as of March 10.

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