PPL Corp. raises quarterly dividend 4.6% to 28.5c per share

PPL announced a 4.6% increase in its quarterly common stock dividend, raising the dividend from 27.25c per share to 28.5c per share. As part of its updated business plan and increased capital investment program, the company now targets annual dividend growth of 4%-6% to support reinvestment while continuing to deliver top-tier shareowner returns. The increased dividend will be payable April 1 to shareowners of record as of March 10.