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Comparing PPL’s Dividend Yield with Peers’

Vincent Kruger
Comparing PPL’s Dividend Yield with Peers’

Utilities came to the rescue amid market turmoil in the last two months, and with their higher dividend yields and slow stock price movements, they outperformed broader markets this year. In this series, we’ll look PPL (PPL), the highest-yielding utility stock. Whereas PPL’s current dividend yield is ~5.8%, its five-year average is ~4.6%, and broader utilities’ (XLU) average yield is ~3.4%. On January 2, PPL is expected to pay a quarterly dividend of $0.41, which is 4% higher than its dividend in the same quarter last year.