Credit: Shutterstock photoPPL Corporation ( PPL ) will begin trading ex-dividend on June 06, 2014. A cash dividend payment of $0.3725 per share is scheduled to be paid on July 01, 2014. Shareholders who purchased PPL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.36% increase over the same period a year ago. At the current stock price of $34.86, the dividend yield is 4.27%.
The previous trading day's last sale of PPL was $34.86, representing a -1.11% decrease from the 52 week high of $35.25 and a 22.57% increase over the 52 week low of $28.44.
PPL is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). PPL's current earnings per share, an indicator of a company's profitability, is $1.58. Zacks Investment Research reports PPL's forecasted earnings growth in 2014 as -9.25%, compared to an industry average of 1.3%.
For more information on the declaration, record and payment dates, visit the PPL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to PPL through an Exchange Traded Fund [ETF]?
The following ETF(s) have PPL as a top-10 holding:
- Select Sector SPDR Fund - Utilities ( XLU )
- Market Vectors Uranium & Nuclear Energy ETF ( NLR )
- Vanguard Utilities ETF ( VPU )
- WisdomTree Dividend Ex-Financials Fund ( DTN )
- ProShares Ultra Utilities ( UPW ).
The top-performing ETF of this group is UPW with an increase of 29.57% over the last 100 days. XLU has the highest percent weighting of PPL at 4.24%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.