Wednesday Is Your Last Chance To Buy PPL Before The Dividend Payout

Wednesday marks the last chance for investors to receive the next dividend payout from PPL PPL.

What's Happening

The company announced on Friday that it would pay shareholders a quarterly dividend of 24 cents per share. On Thursday, PPL will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 24 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own PPL as of the end of Wednesday's session are eligible to receive the 24 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on October 02, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Click here to find details on PPL's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.