PPL Corporation ( PPL ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.395 per share is scheduled to be paid on October 02, 2017. Shareholders who purchased PPL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PPL has paid the same dividend. At the current stock price of $39.17, the dividend yield is 4.03%.
The previous trading day's last sale of PPL was $39.17, representing a -2.56% decrease from the 52 week high of $40.20 and a 22.1% increase over the 52 week low of $32.08.
PPL is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). PPL's current earnings per share, an indicator of a company's profitability, is $2.39. Zacks Investment Research reports PPL's forecasted earnings growth in 2017 as -12.19%, compared to an industry average of 4.6%.
Interested in gaining exposure to PPL through an Exchange Traded Fund [ETF]?
The following ETF(s) have PPL as a top-10 holding:
- John Hancock Multifactor Utilities ETF ( JHMU )
- SPDR Select Sector Fund - Utilities ( XLU )
- iShares U.S. Utilities ETF ( IDU )
- Vanguard Utilities ETF - DNQ ( VPU )
- iShares Russell Mid-cap Value ETF ( IWS ).
The top-performing ETF of this group is JHMU with an increase of 6.73% over the last 100 days. It also has the highest percent weighting of PPL at 5.01%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.