NYSE:PPLElectric Utilities
Did PPL’s (PPL) US$1 Billion Composite Units Deal and Dividend Hike Just Redefine Its Equity Story?
PPL Corporation has completed a past US$1.00 billion composite corporate units offering of 20,000,000 equity/debt units priced at US$50.00 each with a US$0.94 per-unit discount, alongside reporting higher fourth-quarter and full-year 2025 sales, net income, and earnings per share from continuing operations.
The company also raised its quarterly dividend by 4.6% to US$0.2850 per share and issued 2026 earnings guidance above 2025 results, highlighting confidence in its updated investment plan...