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PPL Corporation (0KEJ.L)

LSE - LSE Delayed price. Currency in USD
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29.00-0.50 (-1.68%)
At close: 06:53PM BST
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  • J
    John
    I finally had it. Sold out after holding five years with a minimal gain. Enough is enough.
  • Y
    Yt09179
    Rhode Island Superior Court clears the way for PPL's purchase of Narragansett Electric Company. Deal should close within days. The stock isn't doing much but maybe they're waiting for the Investor's Day presentation.
  • A
    Adalyn
    Bitcoin investment is one of the quickest past to financial freedom anyone could think of especially with the current status.
  • l
    lechspring
    Value Line – 5/13/22

    Excerpts:
    “Quarterly dividend will likely be raised (perhaps by a nickel) if the Narragansett Electric acquisition goes through.”

    “We advise investors to stay on the sidelines for now.”

    “When — or even if — the Narragansett takeover will be completed is unknown. The market is more concerned about this than it is about where PPL’s earnings will wind up in 2022, since the company’s results won’t include a full year of Narragansett’s income even if the acquisition is completed.”

    “What PPL will do with the funds intended for Narragansett if the transaction falls through is unknown?”
  • J
    John
    Funny I am always seeing articles about PPL winning this award and that award. How about getting the share price and dividends up to reward investors.
  • R
    RONALD
    Wonder how this will go. Looks like a small beat $0.41 on Non-GAAP, ($037 GAAP). Cash up $678 million from last quarter to $4.25 billion dollars! But operating expenses up substantially, however that makes some sense when costs of labor, materials and fuel considered.
  • l
    lechspring
    PPL Corp (PPL)
    Brokerage Firm: Credit Suisse | Action: Initiated | Ratings Change: Outperform | Price Tgt: $33
  • O
    Ordinary Joe
    The Massachusetts court just approved the Narragansett sale, but now the Rhode Island court is blocking it! The just can't win. Arguments are set for April 12. More info on PPLs website under news.
  • G
    Gizmo
    With other better run utilities in areas with a faster growing rate base yielding 3.5% of 3.75%, why would anyone own PPL at this point?
  • d
    dave169
    Nice to see this back near $30.
    I remember when they sold the UK part, I was bummed to see it go low. Now, I'm liking where it is.
  • J
    John
    "UBS Raises PPL's Price Target to $32 From $30, Maintains Buy Rating"
  • C
    Catherine
    Where is the dividend declaration for June?
  • D
    Doug
    Rule #1 they cut the dividend, SELL!
    That should tell you the company is not well run. You don’t buy PPL for growth.
  • m
    m s
    I assume that PPL will complete the Naragansett purchase. However, if PPL fails to purchase NEG, will NEG continue to be owned by the British utility? Would there be a penalty for PPL? Or, would PPL walk away with the extra $7Billion in cash?
  • l
    lechspring
    Upgrade - Wolfe Research
    Peer Perform » Outperform
    Price Tgt: $28 » $30
  • D
    Dan
    Maybe time to sell to Duke or Southern. This group seems to be stumbling as the stock price and dividend cut shows. Maybe a new Executive Suite will enhance shareholder value. For now, cut any bonus plan and cut salaries to reflect performance. No stock awards until things start clicking.
  • F
    Foster
    I came on this board to see if I could get a feel for what PPL might be able to get for their British assets. Will it be enough to justify the fact that they are giving up roughly half of their revenue base? All I have seen so far on this board is politics. Politics is important of course, but does anyone on here know anything about PPL? Is their plan to get out of England viable?
  • D
    Dave
    I guess investors aren't too happy about the 5.8 % dividend and the reaffirmed outlook. After all, the 10 year t note is paying a wopping 0.81 %.
  • D
    Dave
    Dividend = 5.91%
    "The company also maintained its commitment to dividends as a key component of total shareowner return, announcing a quarterly common stock dividend of $0.4150 per share, payable April 1, 2021, to shareowners of record as of March 10, 2021. The dividend will mark the company's 301st consecutive quarterly dividend paid since 1946."
  • D
    Dave
    The current 5. 9% dividend looks safe. In the midst of a pandemic, the earnings were quite decent:
    ---Adjusting for special items, third-quarter 2020 earnings from ongoing operations (non-GAAP) were $450 million, or $0.58 per share, compared to $445 million, or $0.61 per share, a year ago.
    ---PPL narrowed its 2020 earnings from ongoing operations forecast range to $2.40 to $2.50 per share from $2.40 to $2.60 per share.
    ---The future looks good.