Dallas, Texas 12/11/2013 (FINANCIALSTRENDS) – The December 6th 2013 is being set as an ex-dividend date for PPL Corporation (NYSE:PPL). As per the company’s spokesperson $0.3675 per share dividend amount will be paid and the dividend will be credited into shareholders account on 02nd January 2014. This is seen as the 4th quarter when the dividend is being paid. The current stock price is $30.85 and the dividend yield that is getting calculated comes out to be 4.76%.
The last sale of PPL Corporation (NYSE:PPL) for the previous trading session was around $30.85 which means that there is an -8.05% decrease from its 52 week high of $33.55. It also means that it is working in a narrow bound range for the last one year and is also paying consistent dividend which is a very good sign. In case you are also planning to invest in this stock then it is going to be an ideal deal as buy on dips and sell on hike is advised.
More technicalities of this stock
PPL Corporation (NYSE:PPL) is an integral part of the utilities sector and this sector is poised for a major growth in the coming years as the entire economic scenario seems to be improving. The current earning of this stock is a clear cut indicator of its improving profitability. It is being calculated as $2.5 as per the Zacks corporation and their internal research reports also suggest that the forecasted earnings growth of this stock for 2013 is around -3.23% which is very good as compared to industry average of -.2%.
In case you want to know more about the company past records and sales figures then you can consult company’s official website and many industry insiders are pointing it an dark horse of the stock market that will perform in the long run with good numbers.