PPL to Pay Quarterly Stock Dividends Oct. 1
August 28 2009 - 10:09AM
PR Newswire (US)
ALLENTOWN, Pa., Aug. 28 /PRNewswire-FirstCall/ -- PPL Corporation
(NYSE: PPL) on Friday (8/28) declared a quarterly common stock
dividend of $0.345 per share, payable Oct. 1, 2009, to shareowners
of record as of Sept. 10, 2009. This is the company's 255th
consecutive quarterly dividend. PPL Electric Utilities Corporation,
a PPL subsidiary, on Friday also declared the following quarterly
dividends on its preferred stock and preference stock, payable Oct.
1, 2009, to shareowners of record as of Sept. 10, 2009. Preferred
Stock 4-1/2% $1.125 3.35% Series $0.8375 4.40% Series $1.10 4.60%
Series $1.15 6.75% Series $1.6875 Preference Stock 6.25% Series
$1.5625 ($0.390625 per depositary share) Each depositary share
represents a interest in a share of the preference stock.
Accordingly, holders of record of the depositary shares will
receive a dividend equal to of the dividend paid on the preference
stock. PPL Corporation, headquartered in Allentown, Pa., owns or
controls more than 12,000 megawatts of generating capacity in the
United States, sells energy in key U.S. markets and delivers
electricity to about 4 million customers in Pennsylvania and the
United Kingdom. More information is available at
http://www.pplweb.com/. DATASOURCE: PPL Corporation CONTACT: Joseph
P. Bergstein, for financial community, +1-610-774-5609, or George
E. Biechler, for news media, +1-610-774-5997, both of PPL
Corporation Web Site: http://www.pplweb.com/
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